The first day of the 31st CII Partnership Summit 2026 in Visakhapatnam turned out to be a mega day for the government in terms of investments.
As per the government it inked 73 MoUs and 15 G.O.s worth Rs 5,84,355 crore, with the potential to create 1,07,693 jobs.
These MoUs include General Manufacturing 23 MoUs and 5 G.O.s worth Rs 3,57,386 crore, with 44,838 jobs, led by Reliance Industries Limited (Rs 2,73,000 crore, East Godavari); Rashmi Metallurgical Industry Private Limited (Rs 18,500 crore, Srikakulam); JSW Group (Rs 15,000 crore, Kadapa).
In Renewable Energy 7 MoUs and 5 G.O.s worth Rs 1,65,020 crore were signed with 16,600 jobs, led by Greenko Energies Private Limited (Rs 45,000 crore, Multiple districts); Clean Max Enviro Energy Solutions Limited (Rs 41,000 crore, Multiple districts); Megha Engineering & Infrastructures Limited (RE) (Rs 36,000 crore, Krishna).
In the automobile, Auto Components & EV 4 MoUs worth Rs 21,285 crore, with 13,600 jobs, led by Kia India Private Limited (Rs 18,878 crore, Sri Sathya Sai); Hero MotoCorp Ltd (Rs 1,457 crore, Tirupati); MNL Solutions Pte. Ltd. (Rs 750 crore, Prakasam).
In the Chemicals & Petrochemicals sector 6 MoUs worth Rs 19,995 crore, with 3,127 jobs, led by GAIL India Ltd (Rs 13,500 crore, Srikakulam); N.A.N. Magnetech Private Limited (Rs 3,000 crore, Nellore); N.A.N. Silox Greenmet Private Limited (Rs 1,800 crore, Tirupati).
As for Food Processing 5 MoUs and 2 G.O.s worth Rs 4,770 crore, with 2,847 jobs, led by S.L.N. Coffee Private Limited (Rs 2,500 crore, Nellore); Hindustan Coca-Cola Beverages Private Limited (G.O.) (Rs 1,127 crore); Sree Vasudha Foods Pvt Ltd (Rs 400 crore, Anantapur).
In the Electronics & Semiconductors 1 MoU worth Rs 4,300 crore, with 10,000 jobs, led by fabrIQ Private Limited (An Analog & MEIL JV Company) (Rs 4,300 crore).
While for Aerospace & Defence sector 8 MoUs and 2 G.O.s worth Rs 3,406 crore, with 3,180 jobs, led by Astrobase Space Technologies Pvt. Ltd. (Rs 800 crore, Sri Sathya Sai); Vajrashakti Ventures Private Limited (Rs 500 crore, Nellore); Aditya Precitech Limited: Missiles, Loitering Munitions & Drones Facility (G.O.) (Rs 500 crore).
Other sectors included 19 MoUs and 1 G.O. worth Rs 8,193 crore across Textiles & Garmenting; Pharma & Life Sciences; Industrial Parks & Logistics; Circular Economy; Tourism & Hospitality; Ports, Shipbuilding & Maritime; Footwear; Skill Development.
Kia India signed a MoU of Rs 18,878 crore (US$2 billion) that will add 2 lakh vehicles a year at Penukonda, taking capacity past 6 lakh, with 12,000 new jobs.
The government noted that every MoU is tracked until the project is in production, and that Government Orders are issued once projects are approved by the State Investment Promotion Board.
These MoUs were exchanged in the presence of Chief Minister N. Chandrababu Naidu and Minister for Human Resources Development, IT, Electronics & Communications and Real Time Governance Nara Lokesh.
