Andhra Pradesh secures Investment commitments worth Rs 9.89 lakh crore at Visakha CII Partnership Summit 2026:CM

Government to provide industrial Clearances in real time with self certification:CM

Investments Protection Act will be enacted with retrospective effeect from 2024:CM

Visakhapatnam: Chief Minister N Chandrababu Naidu said the state government will provide clearances for industries in real time with self certification to encourage investors. Besides Investments Protection Act will be enacted with retrospective efffect from 2024 to allay fears of investors during change of governments.
Speaking to media persons after th conclusion of two day CII Partnership Summit, the Chief Minister said Andhra Pradesh attracted investments worth Rs 9,88,957 crore through 303 Memoranda of Understanding (MoUs) at the 31st CII Partnership Summit 2026, held in Visakhapatnam on November 12 and 13. These investments have potential to generate 3,48,309 jobs across various sectors.The fresh commitments include 194 MoUs worth Rs 86,522 crore, with a potential to create 1,47,951 jobs, signed during regional conferences held between October 7 and 26. At the present summit, another 109 MoUs worth Rs 9,02,434 crore were signed, with an estimated employment potential of 2,00,358 jobs.With these new commitments, the cumulative investment intent received by the State since June 2024 has increased to Rs 32.49 lakh crore.
The Chief Minister highlighted Visakhapatnam’s growing national and international prominence, noting that the city secured the No. 1 position among million-plus cities in the Swachh Shehar category of Swachh Survekshan 2025–26. Andhra Pradesh also received six national cleanliness awards. Visakhapatnam ranked No. 1 in women’s safety in NARI 2025 and topped LinkedIn’s Cities on the Rise rankings for the second consecutive year. Vijayawada also featured among the Top 10 cities for the second successive year.He said Visakhapatnam will emerge as IT, knowledge and rare earthminerals hub.
The Chief Minister said young entrepreneurs are coming forward with their innovative ideas in space technology. He said during the CII summit the young entrepreneurs revealed their plans to establish data centre in space. He said everything is possible with technology along with creation and innovative ideas.
The Chief Minister opined that wealth should reach last mile to empowe under privileged people. He stressed the need for establishing new society. He expressed happy that several corporate companies are coming forward uplift poor families through P-4 programme.
The Chief Minister said from January 1 all health records will be available online.
The Chief Minister said the state government promoting the products of women groups through Swayam brand to improve marketing facility. He said the government committed for women empowerment and in recent local bodies elections 60 percent of women got elected.
The Chief Minister said with good governance any government can win the confidence of people which was proved in local bodies elections. The Coalition parties got more vote percentage.