Global Investors Summit Kicks Off In Andhra Pradesh, State Receives Investment Worth Rs 13 Lakh Crore. See Pics

Addressing the Andhra Pradesh Global Investors Summit 2023 on Thursday, Andhra Pradesh Chief Minister YS Jagan Mohan Reddy said that the state has received 340 investment proposals worth Rs 13 lakh crore that will provide employment to 6 lakh people across 20 sectors. Day 1 witnessed the signing of 92 MoUs worth Rs. 11.87 lakh crore on Friday. [Image Credit: Twitter/Advantage AP Official]

The two-day Global Investors Summit 2023 is being held in Visakhapatnam. The event is expected to draw over 8,000 dignitaries and investors from India and 40 other nations, including China and the United States. [Image Credit: Twitter/Advantage AP Official]

Top honchos of India Inc. such as Mukesh Ambani of Reliance Group, Naveen Jindal of Jindal Steel and Power, GM Rao of GMR Group, and BV Mohan Reddy, founder-chairman of Cyient, are among the corporate giants who attended the Global Investors Summit. [Image Credit: Twitter/Advantage AP Official]

Addressing the summit, Reliance Industries Chairman Mukesh Ambani said Reliance will create 50,000 new job opportunities in Andhra Pradesh and will promote sale of products made in the state through retail business. [Image Credit: Twitter/Advantage AP Official]

Naveen Jindal, Chairman of Jindal Steel & Power Limited, also announced that the company will be investing Rs 10,000 crore for setting up a 3 million tonne per annum steel plant in Andhra Pradesh. [Image Credit: Twitter/Advantage AP Official]

Karan Adani, CEO of Adani Ports and SEZ Ltd, said it has already invested Rs 20,000 crore and provides direct and indirect employment to 18,000 people. [Image Credit: Twitter/Advantage AP Official]

Union Road Transport and Highways Minister Nitin Gadkari also addressed the inaugural session of the Andhra Pradesh Global Investors Summit 2023. [Image Credit: Twitter/Advantage AP Official]