As many as 1,629 projects with committed investment of ₹15,07,406 Crores are in various stages of implementation in Andhra Pradesh.
Minister of State in The Ministry of Finance Arjun Ram Meghwal said in response to question posed by YSR Congress MP V Vijayasai Reddy in Rajya Sabha.
Vijayasai asked the details about the of MoUs signed by various States with various domestic and international companies during investor summits organized by them in the last three years.
In Andhra Pradesh, two Partnership summits were held in 2016 and 2017 with 996 MoUs being signed worth ₹15.32lakh crore. In 2016, the state had ₹4.78 lakh crore of investment and signed 331 MoUs whereas in 2017, ₹10.54lakh crore investments were committed through 665 MoUs
Details of MoUs signed by Andhra Pradesh during Partnership Summits 2016 and 2017 are as follows
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He also added that no Investor Summit was organized by Telangana Government in the last 3 years