AP signs 11 MoUs worth Rs 1.40 lakh crore on concluding day of CII Summit inVisakhapatnam

Visakhapatnam, Nov 13 (UNI) Andhra Pradesh signed 11 Memoranda of Understanding (MoUs) involving proposed investments of Rs 1,40,705 crore and an estimated employment potential of 10,472 jobs on the second and concluding day of the 31st CII Partnership Summit here on Friday in the presence of Chief Minister N Chandrababu Naidu. In addition, the State Government issued a Government Order for the expansion of Hindalco Industries Limited in the chemicals and petrochemicals sector under the jurisdiction of APIIC, involving an investment of Rs 880 crore and expected to generate 447 jobs. Among the major agreements, JSW Steel proposed an investment…