AP to enact Investment Prorection Act, targets Rs 32.49 lakh crore investments: CM Naidu

Visakhapatnam, Nov 12 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday announced that his government would enact an Investment Protection Act to safeguard investors' interests, as the State set an ambitious target of attracting investments worth Rs 32.49 lakh crore since June 2024. Addressing the inaugural session of the 31st CII Partnership Summit 2026 here, Naidu said a Bill on the proposed legislation would first be introduced in the State Assembly and subsequently sent to the Centre. The Chief Minister announced that 303 Memoranda of Understanding (MoUs), involving proposed investments of Rs 9.89 lakh crore, would be signed…