Goyal endorses Andhra Pradesh investment drive at CII summit

Union Minister Piyush Goyal threw his weight behind Andhra Pradesh's aggressive investment promotion strategy on Monday, addressing delegates at the curtain raiser event for the CII Partnership Summit. The minister's endorsement underscores the central government's backing for the state's economic development agenda as it seeks to attract fresh capital and manufacturing opportunities.

Chief Minister N. Chandrababu Naidu seized the occasion to showcase the state's investment momentum, citing impressive figures from his tenure. According to Naidu, Andhra Pradesh has secured investment agreements worth approximately ₹22 lakh crore since he took office 28 months ago, signalling strong investor confidence in the state's business environment and governance reforms.

The CII Partnership Summit serves as a key platform for showcasing investment opportunities across sectors including infrastructure, manufacturing, and technology. Andhra Pradesh's participation reflects its determination to position itself as a destination for large-scale industrial projects and commercial ventures in a competitive inter-state investment landscape.

The summit comes as several Indian states intensify their efforts to attract capital and create employment through targeted policy reforms and investor outreach programmes. Andhra Pradesh's recent performance in securing agreements suggests its initiatives are resonating with both domestic and international investors seeking expansion opportunities in India.