Amaravati, November 13, 2025: Andhra Pradesh IT Minister Nara Lokesh sparked a wave of speculation on social media with a cryptic post about a business that paused its ventures in 2019 and is now poised to return with renewed vigour, set for a big announcement at 9 a.m. the next day.
The tease, part of the state's drive to hit a $1 trillion investment markâwith $120 billion already in the bag, has fueled talks of players like Franklin Templeton, a Singapore-led group, Saudi Aramco, or Amaron Batteries, the last of which ceased local operations under the prior regime.
The buzz aligns with the upcoming CII Partnership Summit on November 14-15 in Visakhapatnam, where Andhra aims to showcase its appeal as a hub for tech and manufacturing. Lokesh's playful nudge highlights the government's proactive outreach to revive stalled deals and attract new ones.