Overview
- The government announced a goal to sign 410 MoUs totaling ₹9.80 lakh crore, with the potential to create about 7.5 lakh jobs once projects are grounded.
- The two-day summit is scheduled for November 14–15 in Visakhapatnam and is expected to feature senior Union ministers including Nirmala Sitharaman, Piyush Goyal, Ram Mohan Naidu, and Ashwini Vaishnaw.
- Organisers plan 48 sessions and expect over 300 delegates from 45 countries along with 72 international speakers.
- Foundations are slated to be laid during the event for projects amounting to ₹2.70 lakh crore.
- Priority sectors highlighted include renewable energy, semiconductors, electronics, steel, ports, agri-tech, drones, AI, and quantum technologies, with recent investments by Google and ArcelorMittal cited as momentum.