The Andhra Pradesh government has initiated a historic investors summit in Vizag, which started on November 14 and the opening day was an absolute blockbuster. Let us have a look at the financial matters and also the job creation activities carried out on the opening day.
On the first day of the 30th CII Partnership Summit, more than 41 organizations signed MoUs with the Andhra Pradesh government in the presence of Chief Minister Chandrababu.
Separate agreements were reached with AP CRDA, Energy, Food Processing, Investment Provision of Infrastructure, and Industrial Departments. With the agreements made by various organizations to invest worth Rs.3,50,186 crores as many as 4,16,290 people will get direct employment.
The first day of the summit was a humongous success with massive investments being secured by the government of Andhra Pradesh. This perfectly sets the stage for the second day as the Government is expected to be even more productive when it comes to finalising new agreements with other leading companies today.
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