Andhra Pradesh targets ₹10 trillion investment at Visakhapatnam summit
The 31st CII Partnership Summit in Visakhapatnam aims to attract significant global capital and create millions of jobs.
The 31st CII Partnership Summit 2026 is scheduled to begin on Thursday at the Andhra University Engineering College Ground in Visakhapatnam. According to the Telugu Desam Party (TDP), the two-day event is expected to attract investments of approximately ₹10 trillion.
The summit is being jointly organised by the Ministry of Commerce and Industry, the Government of Andhra Pradesh, and the Confederation of Indian Industry (CII). Union Home Minister Amit Shah will inaugurate the event on November 12, while Union Commerce Minister Piyush Goyal will chair the summit. Chief Minister N.
Chandrababu Naidu will serve as Co-Chair.
The event expects to bring together around 3,800 delegates from 58 countries. Prominent corporate participants include Bharat Forge, Kia, ReNew, RPSG Group, GMR, Mondelez India, Saint-Gobain, NALCO, and Levista. The summit is expected to see the signing of over 160 MoUs involving investments exceeding ₹11 lakh crore, according to The Hindu.
TDP Rajya Sabha MP Chintakayala Vijay told the media that the state government may secure around ₹10 trillion in investments. This strategy aligns with a mission to create two million employment opportunities through public and private sector initiatives.
The summit follows five regional investment conferences held in October 2026. These conferences generated 195 MoUs worth ₹85,561.42 crore, with the potential to create 156,241 jobs, according to Business Standard.