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Chandra babu said all the mou's were signed with serious investors at CII summit

Visakhapatnam event draws serious global players; Chief Minister Naidu hails ecosystem rebuild after 2019-24 setbacks.

Chandra babu said all the mou's were signed with serious investors at CII summit
Source: https://x.com/CII_PS/status/1989626767578206616?s=20

Amaravati, November 16, 2025: Andhra Pradesh mobilised investments totalling Rs 13.25 lakh crore at the 30th CII Partnership Summit in Visakhapatnam, with agreements signed only with committed partners to spur balanced growth across regions like Visakhapatnam, Amaravati, and Tirupati.

Chief Minister N. Chandrababu Naidu described the 2019-24 period as a low point for the state's business climate, when many enterprises closed or relocated, but credited the current coalition's reforms for restoring confidence. "We entered into agreements only with those who were serious about their ventures," Naidu said, targeting materialisation within three years through infrastructure enablers funded by GST gains and jobs.

Singapore's government focused on knowledge economy ties without Amaravati involvement, while Google's Vizag data center nod impressed by backend readiness. Naidu offered sovereign guarantees for investor protection.

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