The Confederation of Indian Industry (CII) Partnership Summit 2025 officially kicks off tomorrow at Visakhapatnam, but investments have started rolling in Andhra Pradesh. Vice-President C P Radhakrishnan will be the chief guest for the inaugural session, while Union Commerce and Industry Minister Piyush Goyal will unveil the Andhra Pavilion.
ReNew Energy Global plc, on Thursday, announced that it will invest Rs 60,000 crore in Andhra Pradesh to set up multiple green energy projects in the state. Coramandel International signed an MoU worth Rs 2,000 crore with the state government.
The two-day summit is being organised by CII in partnership with the Department for Promotion of Industry and Internal Trade (DPIIT) of the Ministry of Commerce and Industry, Government of India and the Government of Andhra Pradesh. The CII Summit will bring together leaders, policymakers, industry captains, and global partners to shape the future of trade and investment.
This time, the chosen theme for the summit is “Technology, Trust and Trade: Navigating the New Geoeconomic Order”. The marquee event is expected to feature 45 sessions and 72 international speakers, with 2,500 delegates, including 300 overseas participants from 45 countries.
The AP government is targeting investments worth Rs ten lakh crore through the summit.
Ahead of the CII summit, Chief Minister N Chandrababu Naidu met several people, including industry giants, the Italian ambassador, a Taiwanese delegation, and discussed investment opportunities in the state. He also met the Commander-in-Chief of the Eastern Naval Command, Vice Admiral Sanjay Bhalla.
According to a statement issued by the Chief Minister’s Office, Naidu explained to the Vice Admiral about the investments and start-ups in the defence sector, especially the shipping industry. He said indigenous shipbuilding was being promoted and technical assistance was being provided to the shipping industry. He added that Visakhapatnam would emerge as a major hub for global services.
Naidu also suggested setting up a navy museum to bring awareness among people on the importance of navy operations and services. He said, “Under our Aerospace & Defence Policy 2025–2030, we are working to establish a Naval Systems and Shipbuilding Cluster along the Visakhapatnam–Srikakulam corridor, advancing indigenous naval technology in line with the vision of Atmanirbhar Bharat.”
A Taiwanese delegation led by Mumin Chen met Chief Minister Naidu and informed their readiness to set up the Indo-Taiwan Industrial Park in Kuppam for Rs 400 crore. The Chief Minister explained to the Taiwan delegation the investment opportunities in the state, including in Electronics, Semiconductors, green energy, electric vehicles and EV batteries sectors. The delegation signed an MoU with the AP Government in the presence of the Chief Minister. The
CM Naidu assured that the state government would provide connectivity to the proposed industrial parks. He said that the central government will announce incentives in the semiconductor sector. He requested the delegation to set up a skill development centre to train workers.
Italian ambassador Antonio Henrico Bartoli also met Naidu. The Chief Minister spoke about automotive, auto spares, machinery, Fashion and food processing sectors, which have abundant investment opportunities. He asked the Italian companies to come forward for investments in Agritech, renewable energy, ship shipbuilding. Discussions were held to study the possibility of setting up of Italian industrial cluster in Andhra Pradesh.
ReNew Energy Global plc, a leading decarbonisation solutions company, today announced that it will invest Rs 60,000 crore (USD 6.7 billion) in Andhra Pradesh to set up multiple green energy projects in the state, taking its total fresh investment in the state to Rs 82,000 crore (USD 9.3 billion).
The company has already committed Rs 22,000 crore (~USD 2.5 billion) to the state in May this year to set up one of India’s largest hybrid renewable energy projects in Andhra Pradesh. Naidu said, “Andhra Pradesh is committed to emerging as a national leader in renewable energy, and partners like ReNew play a crucial role in advancing this vision. ReNew’s continued investments reinforce the confidence that global industry leaders have in the state’s policies, infrastructure, and talent.”