₹3.65 Lakh Cr: AP's Blockbuster Start to CII Summit

Ahead of the two-day CII Partnership Summit 2025, the Andhra Pradesh government has signed 35 memoranda of understanding (MoUs) worth ₹3.65 lakh crore across various sectors, with the potential to create 1.26 lakh jobs. The energy sector secured the largest share, drawing ₹2.65 lakh crore for multiple green energy projects.

The state is targeting a total of ₹10 lakh crore in investments during the summit, which begins tomorrow at the Engineering College Grounds of Andhra University.

Major commitments include ₹60,000 crore from ReNew Energy, ₹31,500 crore from US-based Carbonatic LLC, ₹30,000 crore from Hero Future Energies, and ₹18,400 crore from Taiwanese companies Allegiance Group and Creative Sensor Inc.

News by Rahul Yelligetti.