CII Summit Secures Investment Proposals Worth Rs. 9.89 lakh Crore For AP: TD MP

Addressing a media conference at the Telugu Desam central office in Mangalagiri on Saturday, he said the summit’s outcome followed 11 roadshows across five countries and negotiations led by Chief Minister N. Chandrababu Naidu and IT and education minister N. Lokesh.

Appalanaidu said Naidu’s experience and development-oriented approach had restored investor confidence after what he described as five years of industrial decline under the previous YSRC government. He said Lokesh’s efforts had also helped attract global industrialists to the state.

He said the summit’s distinguishing feature was the P4 (Public-Private-People Partnership) model, which brought corporate participation into poverty alleviation through corporate social responsibility initiatives.

Hero MotoCorp, in partnership with the Swarnandhra Foundation, extended financial assistance to 1,220 IIIT students across 28 districts. ITC Limited agreed to adopt 100 villages and improve the livelihoods of 25,000 Golden Families through better employment opportunities and living standards.

The MP alleged that former chief minister Y.S. Jagan Mohan Reddy was attempting to disrupt development initiatives, including by creating disturbances in North Andhra ahead of Prime Minister Narendra Modi’s inauguration of Bhogapuram airport.

Referring to recent local body elections, Appalanaidu said the NDA’s victories in corporations, mandal parishads and zilla parishads reflected public support for its two-and-a-half years of governance. He thanked voters in Visakhapatnam, Vizianagaram and Srikakulam.

He also praised the Election Commission for conducting peaceful polls and highlighted coordination among Modi, Naidu and Deputy Chief Minister Pawan Kalyan. He said industrial clearances were being expedited through coordinated administrative efforts, strengthening investor confidence.