The Andhra Pradesh Government signed 352 Memorandums of Understanding (MoUs) amounting to investments worth Rs 13.05 lakh crore during the Global Investors’ Summit 2023 – Advantage Andhra Pradesh held in Visakhapatnam on March 3-4. The investments are together estimated to provide jobs to over 6 lakh people. Chief Secretary of Andhra Pradesh Dr K S Jawahar Reddy discussed the developments in a chat with The Indian Express. Excerpts:
Investments worth thousands of crores have been announced, which projects do you think will come up first?
A major portion of the investments is in the green energy sector. We think projects involving the manufacturing of solar components will be the first to start, in 18-20 months,