Andhra Pradesh Minister Nara Lokesh held discussions with industrialists on the second day of the CII Partnership Summit in Visakhapatnam on Friday, November 13. The meetings focused on attracting investments across technology, manufacturing and emerging industries.
According to the TDP’s announcement, 24 companies signed Memorandums of Understanding (MoUs) with the Andhra Pradesh government in Lokesh’s presence, involving proposed investments worth Rs 1,05,634 crore. These projects have the potential to generate 75,055 jobs.
The investment proposals cover aerospace, information technology, electronics, data centres, semiconductors, healthcare, renewable energy and other industrial sectors.
Among the major proposals, Panchshil Realty committed Rs 37,000 crore towards establishing a hyperscale data centre. AM AI Factory proposed an integrated AI data centre with an investment of Rs 31,387 crore.
Waaree Energies proposed an investment of Rs 10,000 crore, while CleanMax Enviro Energy announced plans involving Rs 8,000 crore. These commitments are expected to strengthen the state’s renewable energy and manufacturing sectors.
Smax Digitech also proposed an investment of Rs 5,770 crore to establish sports villages and sports clubs. Companies operating in defence, aviation and healthcare were among those entering into investment agreements.
Lokesh‘s discussions focused on encouraging companies to establish operations in Andhra Pradesh and create employment opportunities for young people.
The proposed investments represent another set of commitments announced during the two-day summit. Their actual economic impact will depend on project implementation, investment realisation and the jobs eventually created.
| S.No. | Company / Project | Investment | Jobs |
|---|---|---|---|
| 1 | SALVO Industries | ₹800 Crore | 2,000 |
| 2 | Bellatrix Aerospace | ₹550 Crore | 565 |
| 3 | IG Defence | ₹500 Crore | 1,000 |
| 4 | Archian Group | ₹2,000 Crore | 1,200 |
| 5 | Kaynes Technology India | ₹3,145 Crore | 2,000 |
| 6 | AIL Dixon Technologies | ₹450 Crore | 7,000 |
| 7 | Panchshil Realty (Hyperscale Data Centre) | ₹37,000 Crore | 32,000 |
| 8 | Waaree Energies | ₹10,000 Crore | 1,000 |
| 9 | CleanMax Enviro Energy Solutions | ₹8,000 Crore | 50 |
| 10 | EPACK Data Centre Solutions | ₹570 Crore | 2,565 |
| 11 | Office Space Solutions | ₹10 Crore | 100 |
| 12 | HORIBA India Private Limited | Workforce Training MoU | |
| 13 | United Nations Environment Programme (UNEP) | Climate-Responsive Urban Planning, Amaravati MoU | |
| 14 | Samudra Surya LLC | ₹100 Crore | 50 |
| 15 | PVS Rammohan Healthcare | ₹312 Crore | 1,500 |
| 16 | Sub State Manufacturing India | ₹931 Crore | 4,000 |
| 17 | Infinity | ₹250 Crore | 1,100 |
| 18 | Cyient DLM & Hindustan Shipyard | ₹1,000 Crore | Not Specified |
| 19 | AM AI Factory Private Limited | ₹31,387 Crore | 1,000 |
| 20 | KIMS Hospitals | ₹1,500 Crore | 2,000 |
| 21 | Yodha Healthcare & Hospitals Private Limited | ₹1,359 Crore | 4,925 |
| 22 | Pawan Hans | Heliports Development MoU | |
| 23 | SMAX Digitech India Private Limited (AP Sports Village) | ₹4,270 Crore | 8,000 |
| 24 | SMAX Digitech India Private Limited (AP District Sports Clubs & Arena) | ₹1,500 Crore | 3,000 |
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