Andhra Pradesh converts investment projects worth ₹17.2 lakh crore ahead of Vizag CII Summit

Visakhapatnam Andhra Pradesh has converted 526 of the 714 investment proposals received since June 2024 into operational or progress-tracked projects.

With a conversion rate of nearly 74% by project count, the State has secured investments worth ₹17.2 lakh crore—representing 76% of its total ₹22.6 lakh crore investment pipeline—with the potential to generate 19.3 lakh jobs, according to the state government authorities.

The announcement came as Visakhapatnam is preparing to host the 31st CII Partnership Summit on November 12 and 13 at the Andhra University Engineering College Grounds, where over 3,800 delegates from 58 countries will assemble under the theme “Navigating the New World Order: Trade, Technology, Trust and Thought Leadership.” High-value investments The State’s portfolio features high-value investments spanning green energy, technology, and manufacturing.