Andhra Pradesh Chief Minister YS Jagan Mohan Reddy explained that 378 MoUs were made during the two-day summit. It is said that the industries have shown interest in investing a total of 13 lakh 41 thousand 734 crores.
Speaking at the conclusion of the Global Investors Summit in Visakhapatnam, Chief Minister Jagan Mohan Reddy thanked the industrialists who made this conference a success. He said that the economy has picked up speed during his regime. The priority given to many sectors has saved the economy. A favorable business environment has been established. Broadband and internet have been provided to all.
Jagan Mohan Reddy revealed that 378 MoUs were made during the two-day summit. It is said that the industries have shown interest in investing a total of 13 lakh 41 thousand 734 crores. He said that 6 lakh 9 thousand 868 people will get employment due to this.
Global Investor Summit 2023 organized by the Government of Andhra Pradesh has received a huge response from the industry. In this program, world-class organizations from foreign countries have come. Investment proposals worth Rs.13 lakh crore have been brought to the state.
The sectors that attracted huge investments include industries, energy, and commerce, IT and ITES, agriculture, tourism, and animal husbandry.