Andhra Pradesh has kicked off one of its biggest investment drives yet, unveiling MoUs worth nearly ₹13.25 lakh crore at the CII Partnership Summit in Visakhapatnam as the Chandrababu Naidu-led government seeks to reignite growth and turn the state into a major hub for industry and innovation.

The government says the investment commitments signed at the summit could translate into more than 16 lakh jobs over the coming years, marking a sharp push to restore investor confidence in the state.

Chief Minister N Chandrababu Naidu told industry leaders that the state has the right ingredients to become a global destination for capital.

“Andhra has a good ecosystem. It is a sleeping giant. We have a 1,000 km coast; no state has that advantage on the east coast,” he said, adding that the govern

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