calender_icon.png 16 November, 2025 | 2:44 AM

CII Partnership Summit -Day 2: AP secures investments, eyes industrial transformation

16-11-2025 12:00:00 AM

In a lighter yet telling moment of the summit, Japan’s Ambassador Ono Kichi surprised delegates by opening his speech in Telugu, his first public remarks in the language, and later posted about the experience on Twitter. His heartfelt Telugu greeting drew applause, underscoring the diplomatic warmth accompanying the summit’s business deals. “I am honoured to speak in Telugu today,” he said, expressing optimism about deeper Japan-Andhra trade ties across steel, pharma, renewables and Sri City collaborations.

Andhra Pradesh on Saturday showcased a flurry of investment commitments and strategic pacts at the second day of the 30th CII Partnership Summit, with Chief Minister N. Chandrababu Naidu presiding over foundation-stone events, MoU signings and project launches intended to fast-track the state’s industrial and technology ambitions.

In a series of high-profile interventions, the state government announced the allocation of 6,000 acres to Sri City and set out plans to position the industrial township as a development model that can spawn employment and manufacturing linkages across the region. Chandrababu Naidu said Sri City, already home to global names such as Daikin, Isuzu and Cadbury, will be expanded with an eye on integrated manufacturing, logistics and even a nearby airstrip. “Sri City will become a development model with over 1.5 lakh jobs and more than 50 nations working out of it,” the Chief Minister said.

At the summit, the Raymonds Group laid foundation stones for three projects totalling Rs 1,201 crore, with the Chief Minister performing the inaugural rites virtually. The group will establish Silver Spark Apparel Park (Raptadu) with Rs 497 crore, Auto-component manufacturing plant (Gudipalli) with Rs 441 crore, and Aerospace parts unit (Tekulodu) with Rs 262 crore. Collectively, the Raymond's units are projected to create around 6,500 direct jobs. 

The Day-2 tally included 48 MoUs worth Rs 48,430 crore, which could potentially generate 94,155 jobs across sectors such as textiles, healthcare, food processing, quantum computing, and ports-linked manufacturing. 

Goa Shipyard Ltd.  chose Machilipatnam for a major warship-building and defence manufacturing facility; Rs 1,500 crore investment announced, estimated 6,500 jobs in phase-one.

RRP Electronics Ltd., MoU announced a Rs 10,000 crore investment (details disclosed at the RTIH session).

Quantum Valley / Quantum computing investments MoUs totalling Rs 1,980 crore for Amaravati’s quantum valley initiatives.

The summit was not just about factories, the Chief Minister and senior ministers held talks with global players on AI, tourism and energy security. The Chief Minister invited partners to join plans for an AI University in the state and urged global firms to collaborate on cathode-active material and polymer units near Kakinada/Moolapet.

Furthermore, Andhra Pradesh signed an MoU with the World Economic Forum to establish a Centre for Energy Cyber Resilience (CECRC). The centre is designed to bolster cyber-security for energy systems and to deploy AI for reducing transmission losses and improving distribution efficiency.

Energy and IT ministers emphasised the twin priorities of securing grids against cyber threats and using AI to trim losses. “AI can reduce distribution losses and make supply systems more responsive, that directly delivers benefits to citizens and industry,” the Chief Minister said.

Under the RTIH (Ratan Tata Innovation Hub) and related initiatives, the government announced collaborations aimed at building entrepreneurship ecosystems, including incubation support, prototype facilities and skills training. Officials highlighted programs to reskill and upskill youth for AI, robotics and quantum computing roles, with targeted job creation and training slots for tens of thousands of young people.

The day’s events featured meetings and plaques exchanged with senior leaders from global hospitality group Atmosphere Core, fertilizer major IFFCO, cruise operator Cordelia Cruises, semiconductor developers Silicon Gen and others. World Economic Forum executive Jeremy Jurgens and CII President Rajiv Memani were among the international delegates who addressed sessions on energy, cyber security and frontier technologies.

Key company commitments announced on Day 2

Raymond’s Group - Rs 1,201 crore (three units: apparel, auto-components, aerospace); ~6,500 direct jobs; locations: Raptadu, Gudipalli, Tekulodu.

Sri City (land allocation) - 6,000 acres allocation announced for expansion and development; target: 1.5 lakh jobs.

Goa Shipyard Ltd. (GSL) - Rs 1,500 crore investment, Machilipatnam shipbuilding & repair complex; 6,500 jobs(phase-one projection).

RRP Electronics Ltd. - Rs 10,000 crore proposed investment.

12 MoUs for Sri City -  Rs 2,320 crore, potential 12,365 jobs across engineering, food processing, pharma, textiles.

48 MoUs - Rs 48,430 crore, potential 94,155 jobs.

Quantum Valley / Amaravati quantum initiatives - Rs 1,980 crore (quantum valley MoU).