Singapore’s Greta Group made the day’s biggest announcement of Rs 10,500 crs in Prakasam across industrial manufacturing, minerals, green chemicals and recycling
The 3rd of the five regional conferences being conducted in the state was held today at SRM University-AP, Amaravati.
The conference which covered the capital region districts of NTR, Krishna, Guntur, Palnadu, Bapatla, Prakasam and Markapuram witnessed the signings of 60 MoUs worth a mammoth Rs 42,947.74 crores.
As per the government these MoUs have the potential to create 56,653 jobs.
Of the 60 MoUs signed 41 are worth Rs 27,044.74 crore and are said to be for projects in the region’s own districts, while the remaining 19 are spread across nine other districts, from Srikakulam to Tirupati.
Organised by the Government of Andhra Pradesh in partnership with the Confederation of Indian Industry (CII) the conference had 19 MoUs, worth Rs 7,610 crore with the potential to create 13,331 jobs which are for projects in the capital area under APCRDA, about 28 per cent of the investment and 36 per cent of the jobs coming to the region.
Infra Push
They cover real estate and urban development by Dhaya Maju Infrastructure (Rs 1,000 crore), Casagrand Premier Builder (Rs 700 crore), Ampa Bharathi Enterprises and LEPL Ventures; aerospace by MagnumWings (Rs 1,000 crore, 4,000 jobs) and Red Balloon Aerospace; hospitality, with a golf resort by Dream Valley (Rs 1,000 crore) and riverfront and hotel projects by Sarus Riverfront, Om Sree Bhavana Sai and Mandadi Amaravathi Hospitality; and digital and energy infrastructure from Indus Towers (Rs 500 crore), Indian Oil’s city gas distribution network (Rs 450 crore) and Bharti Airtel. Five fuel retailers, BPCL, HPCL, Indian Oil, Nayara Energy and Jio-bp, each committed Rs 100 crore.
Amaravati Economic Region
It might be noted that the Amaravati Economic Region brings nine districts around the capital into one planning and investment frame: NTR, Krishna, Eluru, West Godavari, Guntur, Palnadu, Bapatla, Prakasam and Markapuram.
The Amaravati Economic Region Plan, presented at the conference, adapts NITI Aayog’s City Economic Region framework, with an economic strategy for 2030, 2035 and 2047 and a pipeline of anchor, enabler and infrastructure projects.
A Regional Planning Board was set up in February 2026, and in July an Implementation Committee was constituted under the MA&UD Department to take the region from planning to execution.
Amaravati is also home to the Quantum Valley Tech Park, where the State, IBM and TCS are bringing an IBM Quantum System Two, one of the first physical IBM quantum computers in India.
Singapore Co Makes Largest Commitment
The day’s single largest commitment came in from Singapore’s Greta Group in Prakasam (Rs 10,500 crore, 2,750 jobs), across industrial manufacturing, minerals, green chemicals and recycling.
In Guntur district, three MoUs worth Rs 6,200 crore are expected to create 12,000 jobs: International Development Finance & Investment Corporation’s gold and jewellery industrial park (Rs 3,000 crore, 5,000 jobs), Pragati Group’s industrial park (Rs 2,500 crore, 5,000 jobs) and Manepally Jewellery (Rs 700 crore, 2,000 jobs).
On the Krishna coast, five maritime MoUs through the AP Maritime Board, worth Rs 1,537.50 crore with 4,750 jobs, cover shipbuilding, maritime engineering, cruises, logistics and petrochemicals around Machilipatnam.
Tourism and hospitality
Eleven MoUs, worth Rs 2,518.34 crore with the potential to create 6,726 jobs, were inked in the tourism and hospitality sector.
These include Dream Valley’s golf resort (Rs 1,000 crore) and riverfront and hospitality projects by Sarus Riverfront (Rs 500 crore, 2,000 jobs) and Om Sree Bhavana Sai (Rs 400 crore) in the capital area, along with beach and hospitality projects in Bapatla, Palnadu, Krishna and Visakhapatnam.
Beyond the region
Tirupati accounted for 6 MoUs worth Rs 12,500 crore with 8,701 jobs, led by Haier Appliances (Rs 7,000 crore, 6,000 jobs), the day’s second largest commitment, and Carbon Cosmo Advanced Materials (Rs 4,000 crore).
Other MoUs from outside the region include Substrate Capital’s electronics project in Visakhapatnam (Rs 1,222 crore, 5,075 jobs) and Amul (Kaira District Co-operative Milk Producers’ Union) in Chittoor (Rs 400 crore, 1,000 jobs).
MSME Exhibition
About 20 MSMEs from Guntur, Krishna, NTR, Eluru, Bapatla, Palnadu and Prakasam showcased their products at the conference, from aerospace and defence, solar, pharmaceuticals, polymers and packaging foils to dairy, food products, packaging, coatings and steel fabrication, along with traditional crafts such as Eluru carpets, gold work, stone carving and toys.
The 31st CII Partnership Summit 2026 is scheduled to be held in Visakhapatnam on 12 and 13 November 2026, with the theme “Navigating the New World Order: Trade, Technology, Trust and Thought Leadership.” Ahead of the Summit, five Regional Conferences are taking the investment conversation to every region of Andhra Pradesh.
