The coalition government focused on industrial development from day one. Regular SIPB meetings were held to approve projects without delay. Chief Minister Chandrababu Naidu visited Singapore, UAE, and London to invite investors, while IT Minister Nara Lokesh met investors in the United States, Australia, and London. Their outreach gained a strong response at the summit and boosted global confidence in Andhra Pradesh.

A total of 613 MoUs were signed covering various sectors, offering 16.31 lakh employment opportunities. Of the total investments, ₹7.63 lakh crore deals were signed in the presence of the Chief Minister. Over 700 B2B meetings were held during the summit, and top corporate groups participated in discussions focused on technology, healthcare, aviation, pharmaceuticals, infrastructure, and tourism growth.

The state projected itself as a stable and transparent investment destination. The government now aims to convert MoUs into ground-level implementation through faster infrastructure expansion, skill development, and special technology hubs. The summit positioned Andhra Pradesh as a competitive global investment hub once again.

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Chandrababu explained that the new cities would create fresh opportunities in advanced technology. Moreover, he said the projects would help attract global investors and research institutions. The government expects rapid expansion since both initiatives aim to strengthen industrial growth. Additionally, he noted that modern infrastructure would accelerate AP’s progress.

The state selected 300 acres in Orvakallu, Kurnool district, for the development of both cities. Because the project required national-level support, Chandrababu requested assistance from the Central Government. The Centre responded positively and agreed to extend cooperation. Therefore, officials believe the partnership will speed up construction and planning.

Union Minister Piyush Goyal attended the CII conference in Visakhapatnam on Friday. He later joined Chandrababu in the virtual foundation ceremony for the two projects. Thus, the event officially began the groundwork for Drone City and Space City. Finally, officials stated that the projects would strengthen Andhra Pradesh’s capabilities in drone and aerospace technology.

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Workplace bias was cited by 27% of respondents, especially in sectors like IT, pharma, and automobiles. These industries reported the highest levels of pay inequality. IT professionals led at 56%.

The survey also shows that mid-level professionals with 5-10 years of experience felt the biggest impact of career breaks on pay. Hyderabad (59%) and Bengaluru (58%) had the highest concerns over pay inequities.

IT topped the list as the industry with the widest gender pay gap. Other sectors like aviation and education also had high perceptions of disparity, while real estate, FMCG, and banking had lower concerns.

The survey suggests performance-led promotions and bias-free hiring practices as solutions. Noida and Gurgaon had the strongest calls for pay transparency.

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