Overview
- The state says 410 agreements worth about $120 billion will be formalised at the Nov. 14–15 CII Partnership Summit in Visakhapatnam, with projects projected to create roughly 750,000 jobs and groundbreakings planned for Rs 2.7 lakh crore.
- Renew announced a Rs 82,000 crore investment spanning solar ingots and wafers through project development to green hydrogen and related molecules.
- Tillman Global signed an MoU for a Rs 15,000 crore, 300 MW hyperscale data centre campus in Visakhapatnam, with 40 acres allocated and up to about 1,300 direct and indirect jobs targeted by 2028.
- Senior national leaders, including Vice‑President C. P. Radhakrishnan and Union Commerce Minister Piyush Goyal, are slated to attend the two‑day summit alongside international industry delegations.
- The government reiterates that about $120 billion in investments have flowed to the state over the past 16–17 months and highlights a ‘Speed of Doing Business’ model, citing marquee projects such as the ArcelorMittal‑Nippon Steel plant, Google’s planned Data City, BPCL’s refinery and NTPC’s green hydrogen hub.