Business EconomyPosted at: Nov 9 2026 7:25PM


AP: CII summit opens on Nov 12

(RPTING MS 30 IN DC FILE)
Vijayawada, Nov 9 (UNI) The two-day 31st CII Partnership Summit on the theme 'Navigating New World Order' opens in Visakhapatnam on November 12.
A galaxy of leaders including the union Home Minister Amit Shah, Commerce and Industry Minister Piyush Goyal, Minister for Consumer Affairs Pralhad Joshi, Andhra Pradesh Chief Minister N Chandrababu Naidu, State IT Minister Nara Lokesh, and World Economic Forum representative Roberto, will participate on the first day of the summit.
According to official sources, representatives from 58 countries, including 16 foreign ministers and 40 international-level delegates from Singapore, Nepal, Cambodia, Myanmar, the United Arab Emirates, Canada, the Slovak Republic, Mauritius, Mozambique, Egypt, Algeria, Tanzania, and Guatemala will attend.
The discussions and agreements are aimed at establishing Andhra Pradesh as a key hub for global investments, international trade, and technological partnerships. In the context of a transforming global economy, the deliberations will focus on trade, technology, mutual trust, and the visionary ideas of experts.
Delegates from various countries, prominent industry leaders, and technical experts, as well as representatives from organizations such as the World Food Programme, the Asian Development Bank (ADB), and the United Nations Environment Programme (UNEP), will attend.
The concluding session of the summit will be attended by Vice President C.P. Radhakrishnan, State Governor S Abdul Nazeer and Chief Minister Chandrababu Naidu.
So far 272 projects worth Rs 6 lakh crore have already been initiated in Andhra Pradesh, and the government has granted approval for additional projects valued at Rs 17 lakh crore. Andhra Pradesh secured 25.6% of the total Foreign Direct Investment (FDI) inflow into the country during 2025-26.
Through six preparatory regional summits held as part of the CII Partnership Summit, 194 Memorandums of Understanding (MoUs) were signed, representing investment proposals worth Rs 86,522 crore. These initiatives are expected to create employment opportunities for 1.47 lakh people.
Extensive discussions will be held on topics including trade, investments, value chains, emerging technologies—such as quantum technology and semiconductors—international cooperation, skill development, green energy, sustainable industrial development, agriculture, food security, and the bio-based economy, official sources said. UNI DP CDS
Tags: #AP: CII summit opens on Nov 12
More News

SplashBI opens Hyderabad GCC, plans $100 million investment over 5-7 years

09 Nov 2026 | 9:13 PM

Hyderabad, Nov 9 (UNI) US-based enterprise data intelligence platform company SplashBI on Monday inaugurated its Global Capability Centre (GCC) in Hyderabad's Financial District, announcing plans to invest more than USD 100 million over the next five to seven years to expand its operations and strengthen its global technology capabilities.

see more..

Noel Tata to get partial relief after Srinivasan’s exit from SRTT on Dec 11

09 Nov 2026 | 8:58 PM

Bobby Anthony.

see more..

Olectra Greentech Q2 net profit rises 5 pc to Rs 52 12 crore

09 Nov 2026 | 8:52 PM

Hyderabad, Nov 9 (UNI) Hyderabad-based electric vehicle manufacturer Olectra Greentech Limited on Monday reported a five per cent increase in its net profit at Rs 52.12 crore for the second quarter of FY27, compared with Rs 49.43 crore in the corresponding quarter of the previous financial year.

see more..

Stock Market ends volatile session with modest gains; PSU banks lead

09 Nov 2026 | 8:44 PM

New Delhi, Nov 9 (UNI) The Indian stock market on Monday ended a volatile session with modest gains recovering from steep intraday losses as banking stocks rallied. At close, Sensex was 107.25 points, or 0.13 percent, higher at 81,106.65, while the Nifty gained 58.25 points, or 0.23 percent, to settle at 25,044.65.

see more..

SplashBI opens Hyderabad GCC, plans $100 million investment over 5-7 years

09 Nov 2026 | 7:56 PM

Hyderabad, Nov 9 (UNI) US-based enterprise data intelligence platform company SplashBI on Monday inaugurated its Global Capability Centre (GCC) in Hyderabad's Financial District, announcing plans to invest more than USD100 million over the next five-seven years to expand its operations and strengthen its global technology capabilities.

see more..