Suryaa News Desk: Andhra Pradesh Waqf Board Chairman Abdul Aziz stated that the CII Partnership Summit has achieved significant success. He attributed the increased confidence of industrialists in the state to the vision of Chief Minister Nara Chandrababu Naidu and the efforts of Minister Nara Lokesh.
On the first day of the summit, 73 Memorandums of Understanding (MOUs) and 15 Government Orders (GOs) were finalized, representing Rs 5,84,355 crore in investments and the potential creation of 1,07,693 jobs. Key investment proposals include Rs 2.73 lakh crore from Reliance, Rs 45,000 crore from Greenko, Rs 37,000 crore from Panchsheel, Rs 31,387 crore from AMAI Factory, and Rs 18,878 crore from Kia.
Regarding the state's industrial progress over the last two and a half years, 714 projects have been proposed, totaling Rs 22.6 lakh crore in investments with the potential for 19.3 lakh jobs. Of these, projects worth Rs 11 lakh crore have reached the grounding stage.
The government is operating under the principles of speed, stability, and service to support industries. Through a "Speed of Doing Business" policy, the administration aims to accelerate approvals, convert agreements into operational industries, and transform investments into employment for the youth. The establishment of large-scale industries is expected to generate further opportunities in ancillary sectors, transportation, small businesses, and services. Abdul Aziz expressed gratitude to the Chief Minister and the Minister for their efforts in attracting these investments.
