Kakinada (Andhra Pradesh), Oct 12 (PTI) The Kakinada Regional Conference on Monday secured investment commitments worth Rs 4,256.61 crore through 15 MoUs, with the potential to generate 14,261 jobs in the Godavari region of Andhra Pradesh.
Organised by the state government in partnership with the Confederation of Indian Industry (CII) at JNTU Kakinada, it was the second of five regional conferences being held ahead of the 31st CII Partnership Summit, scheduled in Visakhapatnam on November 12 and 13.
“The second of these conferences was held today at JNTU Kakinada for the five districts of the Godavari region. Fifteen MoUs worth Rs 4,256.61 crore were signed, with the potential to create 14,261 jobs,” a press release said.
The MoUs cover projects in Kakinada, East Godavari, West Godavari, BR Ambedkar Konaseema and Polavaram districts, with investments in infrastructure, hospitality, energy, manufacturing and other sectors.
Among the major commitments, Nexon Geochem Private Limited proposed Rs 1,250 crore in Kakinada, with the potential to generate 886 jobs. Jaipuri Strategic Resources Holdings Private Limited committed Rs 698 crore, with an estimated 4,520 jobs, while Indian Phosphate Limited proposed Rs 690 crore in Prakasam, expected to create 500 jobs.
Lord Venky Green Energy LLP proposed Rs 444 crore in Kakinada, with the potential to generate 360 jobs, while Kamineni Infrastructure Private Limited committed Rs 300 crore, expected to create 600 jobs.
Separately, 35 projects worth Rs 2,195.3 crore were launched at the conference, with the potential to create 4,039 jobs. These comprised 24 foundation stone-laying ceremonies and 11 inaugurations. The inaugurations included a sustainable aviation fuel plant by Sustainable Aviation Fuel (SAF) One at Kakinada.
Foundation stones were also laid for 15 MSME parks across the state under the fourth phase of the government’s programme, at a development cost of about Rs 161 crore. Provisional allotment orders were handed over to 10 MSME entrepreneurs, covering proposed investments of Rs 17.20 crore and the potential to generate 205 jobs.
The conference focused on the Godavari region’s maritime sector, shipbuilding and blue economy, while also highlighting opportunities in green fuels, tourism, hospitality and manufacturing.
Since June 2024, the Kakinada region has built a pipeline of 29 projects worth Rs 91,000 crore, with the potential to generate 30,000 jobs. Of these, 20 projects have received government orders, while 11 projects worth have been grounded, with the potential to create 6,000 jobs.
The 31st CII Partnership Summit 2026 will be held under the theme ‘Navigating the New World Order: Trade, Technology, Trust and Thought Leadership’. PTI MS SSK
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