CII Summit to begin in Visakhapatnam, all set for investments
In Short
The summit will focus on five key sectors and will look at investment potential, industry growth and future strategy.
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CII Summit to begin in Visakhapatnam, all set for investments
The CII Partnership Summit kicks off today in Visakhapatnam with the aim of bringing large scale investments into the state to create employment opportunities. The State Government wants to attract huge investments through this two day International Summit. The Summit will bring together industrialists from within the country as well as overseas. There will be MoUs signed worth 141 which will bring investments worth about Rs.12.14 lakh crore. The Government expects to create employment opportunities for nearly 2.46 lakh people.
The summit will focus on five key sectors and will look at investment potential, industry growth and future strategy. In addition to promoting the investment friendly atmosphere in the state, it will also help attract overseas investors. 18 foreign ministers will attend and around 3,500 delegates from 58 countries. The summit will be an important step in raising the profile of Visakhapatnam and Andhra Pradesh as a great place for investment. While the coalition Government remains focused on welfare schemes, they are also focusing on development and have strategies in place to bring investment to the state.
