VISAKHAPATNAM: The Port City has geared up to host the 30th CII Partnership Summit, jointly organised by the Government of Andhra Pradesh, and the Confederation of Indian Industry (CII), on November 14 and 15 at the Andhra University Engineering College Grounds.
The summit aims to promote investment opportunities in the State, and strengthen Andhra Pradesh’s image as a preferred destination for industries.
The summit, themed ‘Partners in Progress - India’s Roadmap to Viksit Bharat 2047’, will feature participation by more than 100 international delegates, with a number of Memoranda of Understanding (MoUs) likely to be signed.
The State government expects investment commitments worth up to Rs 10 lakh crore through the summit. It is also focusing on attracting industries in green energy, information technology, electronics, automobiles, space, defence and tourism.
On Thursday, Chief Minister N Chandrababu Naidu will attend the India-Europe Business Roundtable on the theme ‘India-Europe Cooperation for Sustainable Growth’.
Discussions will cover important topics such as green transition, sustainable innovation and European investment partnerships.
Later, Naidu will hold meetings with delegates from Taiwan, Italy, Sweden and the Netherlands, besides interacting with representatives of SPP Pumps Ltd, ReNew Power, Murugappa Group and Hero Future Engineers.
In the evening, he will participate in the Vizag Economic Region programme, and a special meeting of the CII National Council.
Vice-President CP Radhakrishnan will inaugurate the summit on Friday, while Union Minister for Commerce and Industry Piyush Goyal will open the Andhra Pradesh Pavilion.
Industrialists, including Yusuff Ali, Baba Kalyani and Karan Adani are among those expected to attend the meet.
Government likely to ink Singapore flight deal
Following the inaugural session, a panel discussion on ‘Technology, Trust and Trade’ will be held, along with a session on ‘AI for Viksit Bharat’, where Naidu will highlight the potential role of artificial intelligence in driving the State’s economy.
The State government is also expected to sign an agreement with Singapore authorities to start direct flight services between Singapore and Vijayawada. Later in the day, the Chief Minister will lay the foundation stone for the new Lulu Mall in the city.
On Saturday, CM Naidu will lay foundation stones for projects by Raymond, Sri City and Indosole, and inaugurate the World Economic Forum’s Centre for Frontier Technologies.
He will also lay the foundation stone for a Google project, and interact with delegates from Bahrain, New Zealand, Canada and Japan. The summit will conclude with the exchange of MoUs, and a media briefing outlining its key outcomes.
To promote the event, Naidu, IT Minister Nara Lokesh, and others ministers have conducted roadshows, and discussions with investors in Singapore, the UAE and the UK.