Overview
- Lokesh said the state has secured close to $120 billion in firm commitments over the past 17 months.
- He highlighted a reported $15 billion Google plan to build an AI hub and data centre in Andhra Pradesh.
- Officials expect 410 MOUs to be signed at the Nov. 14–15 event in Visakhapatnam, totaling more than $100 billion with potential for over 700,000 jobs.
- The government is promoting rapid approvals and hands-on project facilitation as its competitive edge over traditional ease‑of‑doing‑business measures.
- Incentives such as discounted land were defended as necessary in nascent sectors, with the investment drive tied to a pledge to create 2 million jobs through skilling.