Pawan Kalyan invites global investors to Andhra Pradesh

Andhra Pradesh Deputy Chief Minister K. Pawan Kalyan presented the State as a reliable and investor-friendly destination during the inaugural session of the 31st Confederation of Indian Industry (CII) Partnership Summit in Visakhapatnam on November 12, 2026.

Addressing international delegates and business leaders, he highlighted the State's political stability, transparent governance, coastal infrastructure and green energy potential as factors that could support investment and industrial growth.

He also acknowledged Chief Minister N. Chandrababu Naidu's development vision and IT and Industries Minister Nara Lokesh's efforts to attract industrial investments.

₹22.6 lakh crore in investment commitments

Presenting the State government's investment performance, Nara Lokesh announced that Andhra Pradesh had attracted investment commitments worth ₹22.6 lakh crore since June 2024.

According to the Minister, approximately 73% of the projects had received regulatory clearances. He highlighted investments in technology, artificial intelligence and manufacturing, including Google's proposed AI hub in Visakhapatnam and manufacturing initiatives involving companies such as LG Electronics and Premier Energies.

These figures represent investment commitments and project clearances, not the total amount of investment already realised or projects currently operational.

Investor Protection Act proposed

Lokesh outlined the government's proposed measures to improve the business environment in Andhra Pradesh. One of the key initiatives is an Investor Protection Act intended to safeguard the interests of domestic and international investors.

He also highlighted the use of escrow-backed accounts for the disbursement of industrial incentives, which is intended to improve transparency and provide greater confidence to companies investing in the State.

The Minister said the government was working towards reducing bureaucratic delays and improving the speed of approvals and services for businesses.

Companies encouraged to establish headquarters in Andhra Pradesh

Lokesh invited corporate leaders to consider relocating their primary corporate headquarters to Andhra Pradesh instead of limiting their presence to manufacturing facilities.

He cited the State's skilled workforce, quality of life, connectivity, upcoming ports and Bhogapuram International Airport as factors supporting this proposal.

The government is seeking to position Andhra Pradesh as a location for manufacturing facilities, technology operations, research and development centres and global corporate offices.

Visakhapatnam's role in the technology sector

Visakhapatnam featured prominently in the investment pitch, particularly in relation to artificial intelligence and digital infrastructure.

The proposed Google AI hub was highlighted as a major technology investment opportunity for the city. The State is also promoting its coastal location and connectivity as advantages for data centres, technology companies and international businesses.

CII Summit focuses on global partnerships

The two-day 31st CII Partnership Summit is being held in Visakhapatnam on November 12 and 13 under the theme "Navigating the New World Order: Trade, Technology, Trust and Thought Leadership".

The event brings together government representatives, international delegates, diplomats and business leaders to explore investment opportunities and strengthen economic partnerships.

The announcements made during the inaugural session reflect the Andhra Pradesh government's efforts to attract global capital, expand industrial activity and develop Visakhapatnam as an important destination for technology and business.