Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has said investment proposals worth Rs 13 lakh crore have been received, with an employment opportunity for 6 lakh people.
At the inaugural session of the Global Investors Summit 2023 in Visakhapatnam yesterday, CM Jagan Reddy said initial pacts or MoUs worth Rs 11.85 lakh crore would be signed on Friday and the rest would be formalized on Saturday.
Reliance Industries Chairman Mukesh Ambani addressed Andhra Pradesh Global Investors Summit 2023 yesterday. Mukesh Ambani said Reliance will set up 10 gigawatt solar energy project in Andhra Pradesh. He added that the company will create 50,000 new job opportunities in AP and will promote sale of products made in the state through retail business. He added that RIL has invested over Rs 150,000 cr in kg d6 assets developing and supporting gas pipeline.
IT and ITeS department managed to get six proposals with worth Rs 8.25 lakh cr, which may create 1.33 lakh jobs. As many as 41 MoUs were made in industries and commerce sector with an investment portfolio of Rs 3.2 lakh cr.
Tourism Department got 10 proposals with investment of Rs 8,718 cr which will generate employment for 13,400 people of the state.