Andhra aims to secure ₹10 lakh crore at CII Partnership Summit, says TDP MP Chintakayala Vijay

TDP Rajya Sabha MP Chintakayala Vijay. He has said the State aims to attract big investments at the CII Partnership Summit in Visakhapatnam on November 12 and 13. File

Telugu Desam Party (TDP) Rajya Sabha MP Chintakayala Vijay said the Andhra Pradesh government aimed to secure investments amounting to ₹10 lakh crore at the 31st CII Partnership Summit 2026 being held in Visakhapatnam on November 12 and 13.

The State has already emerged as India's premier investment destination under the leadership of Chief Minister N. Chandrababu Naidu and IT Minister Nara Lokesh, he said, while noting that ‘Brand CBN’ was poised to create yet another impression on the investor community.

Addressing media persons at the TDP central office near Mangalagiri on Wednesday (November 11, 2026) Mr. Vijay said global investors reposed their trust in Mr. Chandrababu Naidu’s vision, administrative experience and the government’s transparent policies.

He said Mr. Lokesh had been playing an instrumental role in achieving industrial growth and establishing a business-friendly ecosystem.

The single-desk clearances and proactive governance have made doing business easy, which was in stark contrast with the hostile environment that prevailed throughout the YSR Congress Party’s rule, he said.

Mr. Vijay said that under the NDA government, Andhra Pradesh had broken records in attracting investments in 2025-26 by capturing 25 to 30% of India’s total investments, leaving behind States like Odisha, Maharashtra and Telangana.

During January-March 2026, the State secured 18% of investments, ranking second at the national level, he said.

The Gross State Domestic Product (GSDP) growth increased to a record 8.51%, making Andhra Pradesh the second fastest-growing State in India, Mr. Vijay added.