The forum brings together global business leaders, policymakers, and investors from different countries. Lokesh received a special invitation to attend the event and showcase Andhra Pradesh as an attractive destination for investment.

During the visit, he will hold meetings with leading industrialists and international investors. He plans to highlight opportunities in sectors such as information technology, electronics, automobiles, green energy, renewable energy, education, and infrastructure.

The state government hopes the tour will bring major investment projects to Andhra Pradesh. Officials believe new investments can boost industrial growth and generate large-scale job opportunities for the state’s youth.

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The investigation began in 2024 after officials claimed that company representatives offered large payments to secure project approvals and attract international investment. Gautam Adani and his companies strongly denied the allegations and said they followed all legal and business standards.

If US authorities move ahead with the decision, the step may remove a major legal hurdle for the Adani Group. Experts say US authorities moving to end fraud cases against Gautam Adani could also restore confidence among global investors and strengthen the company’s position in international markets.

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Record investments of ₹5.75 lakh crore were confirmed during the summit. Delegates from many countries and leading industries visited Hyderabad and joined hands with the government. Unlike routine visits to Davos, international companies were invited directly to Telangana, and a strong response was received. This approach strengthened confidence in the Rising-2047 vision.

The summit was conducted in a pleasant setting with coordinated work by ministers and officials. Guests were honoured with Pochampally Ikat shawls, Hyderabadi perfumes, pearl jewellery, and Cheriyal paintings. Telangana sweets and Hyderabadi biryani were served, and visitors expressed high appreciation.

Cultural programs such as Perini dance, Kommu Koya performance, Veena recital, Gussadi show, and an MM Keeravani concert were staged. A large drone show was arranged to present the Vision-2047 themes, and it impressed all visitors. Selected school children were allowed to tour the summit between 2 PM and 7 PM.

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Representatives from 44 countries and over 2,000 distinguished guests were present. The summit venue was designed with modern facilities to host discussions on development and investment. Several international organisations and business leaders joined the event to explore opportunities in Telangana.

Before the official inauguration, Chief Minister Revanth Reddy unveiled the digital statue of Telangana Thalli. He also reviewed the stalls set up across the venue and offered suggestions to officials. Various departments showcased innovations and initiatives related to governance and technology.

The Chief Minister is expected to present the government’s focus on administration, investment potential and policy support. He will also outline the state’s Vision 2047 and the Bharat Future City master plan. With global participation and strategic discussions, the summit is expected to highlight Telangana’s growth roadmap.

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Japan’s Ambassador Ono Kicchi surprised everyone by starting his speech entirely in Telugu. He addressed the audience at the CII partnership summit, emphasizing the growing trade relations between Japan and Andhra Pradesh. His confident Telugu impressed both Indian and foreign attendees.

During his speech, the ambassador expressed gratitude for the invitation and mentioned, “I feel honored to speak at this event. I am happy to witness increased cooperation between Japanese and Indian companies.” He also shared his admiration for Telugu on Twitter, marking it as his first public speech in the language.

The ambassador further highlighted ongoing collaborations in steel, pharma, renewable energy, and infrastructure. He noted that this summit would strengthen Japan-Andhra Pradesh trade ties and enhance bilateral cooperation in multiple sectors. Both governments hope to continue promoting business opportunities through such partnerships.

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The Andhra Pradesh government signed 400 MoUs with multiple global and Indian companies on Day 1. Leaders announced that the proposed projects could bring an estimated ₹11,91,972 crore investment into the state. Officials also said the deals could create nearly 13 lakh direct and indirect job opportunities across industries, including manufacturing, technology, energy, logistics, food processing, and tourism.

The government planned several sector-based sessions during the second day of the summit. Senior industrialists, investors, and business delegates will participate in networking events, panel discussions, and partnership meetings. More MoUs are expected to be completed before the conference concludes.

Chief Minister Chandrababu Naidu invited global entrepreneurs to build long-term operations in Andhra Pradesh. Deputy Chief Minister Pawan Kalyan, Minister Nara Lokesh, and several cabinet members joined him in presenting the state as a competitive, investor-friendly destination with strong infrastructure and skilled manpower.

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Shah credited strong domestic consumption, a vibrant services sector, and expanding manufacturing for the country’s progress. He noted that even with a per capita income of just $2,940, India contributes nearly 10% to global growth and 18% on a purchasing power parity basis. “India is the engine of the global growth train,” he said, highlighting the nation’s growing influence.

India’s equity markets have grown 13.7% annually since 2020, outpacing most emerging markets. Shah also praised the government’s fiscal discipline. He pointed out that India reduced its debt-to-GDP ratio even after the pandemic — a rare feat among major economies.

He added that India’s open economy and easy access for global investors strengthen its global standing. With tech giants like Meta, Google, and Amazon operating freely, India is emerging as an innovation-driven leader powering the next phase of world growth.

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The project is led by Evren, a joint venture between Brookfield and Axis Energy. It is part of an 8,000 MW renewable pipeline worth ₹50,000 crore. The initiative gained pace after Minister Nara Lokesh met Brookfield Global President Connor Teskey in London. Both discussed long-term clean energy and infrastructure collaborations.

Brookfield, a global renewable giant managing over US$1 trillion, will execute India’s first hybrid project under the FDRE framework. The system links grid connectivity and battery storage for steady and reliable power.

Minister Lokesh said Andhra Pradesh is fast becoming India’s renewable hub. “Such partnerships create jobs and strengthen our sustainable future,” he said, reaffirming the state’s Sunrise State vision.

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India’s digitally-driven transformation has attracted major players like Citigroup, Barclays, and MUFG, despite challenges such as trade headwinds and account dormancy. With 89% adult account penetration and 25% dormancy, investors are leveraging fintech innovations and data-based credit scoring to reach new consumers.

The shift from a cash-based economy to a digital ecosystem has unlocked economic potential across sectors. Every transaction now generates valuable data, helping lenders design microloans, insurance, and savings products for low-income users through platforms like Paytm and PhonePe using UPI technology.

The report highlighted that India’s inclusive digitisation has reduced transaction costs and boosted financial usage, leading to over $50 billion in FDI inflows during 2024–25. The publication suggested Africa could replicate India’s success by investing in digital infrastructure and using innovation to reduce account inactivity.

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During the trip, the Chief Minister will attend a roadshow organized by the Confederation of Indian Industry (CII). He will highlight the state’s potential in sectors such as IT, electronics, green energy, infrastructure, and manufacturing. Naidu plans to explain how Andhra Pradesh is emerging as a hub for innovation and investment.

The Chief Minister will also hold bilateral meetings with global corporate leaders to discuss investment collaboration, technology partnerships, and job creation. These interactions are expected to help secure long-term economic cooperation with multinational firms.

Naidu is scheduled to return to Amaravati on November 6. Sources said the government aims to position Andhra Pradesh as a global investment destination ahead of the Global Investors Summit in Visakhapatnam, inviting leading investors to participate in the event.

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