₹5.8 lakh crore investments tied up on Day 1 of CII Partnership Summit in Vizag
Reliance Industries Limited proposes an investment of ₹2.73 lakh crore
Union Minister for Commerce and Industry Piyush Goyal, Andhra Pradesh Chief Minister N. Chandrababu Naidu, Deputy CM K. Pawan Kalyan, Union Civil Aviation Minister K. Rammohan Naidu, and IT Minister Nara Lokesh at the inaugural session of the 31st CII Partnership Summit in Visakhapatnam on Thursday.
On Day 1 of the 31st CII Partnership Summit 2026 here on Thursday, 73 MoUs were signed and 15 G.O.s issued reflecting investment commitments worth ₹5,84,355 crore, with the potential to create 1,07,693 jobs. These were exchanged in the presence of Chief Minister N. Chandrababu Naidu, IT Minister Nara Lokesh and other State Ministers.
According to an official release, Reliance Industries Limited (RIL) committed an investment of ₹2.73 lakh crore, Greenko Energies ₹45,000 crore, CleanMax Enviro Energy Solutions ₹41,000 crore, Megha Engineering & Infrastructures Limited ₹36,000 crore, Kia India ₹18,878 crore, Rashmi Metallurgical Industry ₹18,500 crore, JSW Group and Waaree Clean Energy Solutions ₹15,000 crore each, and GAIL India Limited ₹13,500 crore.
Kia India’s MoU is for increasing its production of cars by two lakh units at its manufacturing plant near Penukonda, which takes its capacity past six lakh. General manufacturing topped the list with 23 MoUs and 5 G.O.s worth ₹3,57,386 crore led by RIL’s investment in East Godavari district.
Renewable energy sector accounted for sevenMoUs and five G.O.s worth ₹1,65,020 crore. Automobile, auto components & EV and Chemicals & Petrochemical sectors had 10 MoUs signed with an aggregate investment of ₹41,280 crore (₹21,285 crore and ₹19,995 crore respectively).
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