Overview
- The two-day Visakhapatnam forum on November 14–15 is positioned as a platform to formalise 410 MoUs, according to IT minister Nara Lokesh.
- The state pegs the potential investment at about ₹9.8 lakh crore with an estimated 7.5 lakh jobs and plans groundbreaking for ₹2.70 lakh crore of projects at the venue.
- A ₹20,000 crore Hinduja MoU was signed in London during Chief Minister N. Chandrababu Naidu’s outreach, separate from the summit pipeline.
- Hinduja’s plan includes a 1,600 MW expansion at the HNPCL plant in Visakhapatnam, large solar and wind projects in Rayalaseema, an electric bus and light-vehicle factory at Mallavalli, and a statewide EV charging network.
- Organisers expect 300-plus delegates from 45 countries and 72 international speakers, with participation by Union ministers including Nirmala Sitharaman and Piyush Goyal.