Business EconomyPosted at: Nov 11 2026 8:34PM


AP expects Rs 11 lakh crore investments and 25 lakh jobs from 31st CII Summit; Amit Shah to inaugurate

Visakhapatnam, Nov 11 (UNI) Visakhapatnam is all set to host the 31st CII Partnership Summit on November 12 and 13, with the State government expecting investment proposals worth Rs 11 lakh crore and employment potential for 25 lakh people, Andhra Pradesh District In-charge Minister Dola Sree Bala Veeranjaneya Swamy said on Wednesday.
Addressing a press conference at the media lounge set up at Andhra University Engineering College grounds here, the Minister said the summit would mark another milestone in the development of Visakhapatnam, the financial capital of Andhra Pradesh.
He expressed happiness over the State hosting the international event at the same venue for the second consecutive year.
Union Home Minister Amit Shah would inaugurate the summit, while union Commerce Minister Piyush Goyal would preside over the inaugural proceedings.
Chief Minister N Chandrababu Naidu would arrive in Visakhapatnam on Wednesday evening to participate in several meetings related to the summit.
The Governor of Andhra Pradesh would also attend the event.
The Minister said Andhra Pradesh had so far attracted investment commitments of around Rs 20 lakh crore, of which projects worth Rs 17 lakh crore were in various stages of implementation.
With another Rs 11 lakh crore worth of investment proposals expected during the two-day summit, the cumulative investment potential would reach Rs 31 lakh crore, generating an estimated 25 lakh employment opportunities.
He said Andhra Pradesh had secured 25.6 per cent of the total foreign direct investment (FDI) flowing into the country, reflecting investors' confidence in the NDA government and the leadership of Chief Minister Chandrababu Naidu.
More than 58 foreign government representatives and diplomats are expected to participate in the summit. Over 400 business-to-business (B2B) meetings would also be organised to facilitate investment partnerships, he said.
The summit, themed 'Navigating New World Order', would focus on emerging global economic trends, investment opportunities and the changing international business environment.
A parallel event, 'AP Women and Growth Summit', would highlight women's empowerment and their role in industrial and economic development.
The summit would contribute to the State's economic growth, industrial development and youth empowerment, the Minister said.
Visakhapatnam MP M Sribharat, MLAs Vishnukumar Raju and Vamsi Krishna Yadav and others were present.
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Tags: #AP expects Rs 11 lakh crore investments and 25 lakh jobs from 31st CII Summit; Amit Shah to inaugurate
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