Investors’ summit deals will create 6 lakh plus jobs: Andhra Pradesh CM

Vishakhapatnam: Andhra Pradesh has garnered investment pledges worth Rs 13.05 lakh crore with a potential to create over six lakh jobs during the two-day Global Investors Summit (GIS), Chief Minister Y S Jagan Mohan Reddy said on Saturday.

Speaking at the valedictory ceremony, he said 352 agreements were signed in 20 sectors, out of which the energy sector stood out through 40 deals and pledges worth Rs 8.84 lakh crore with a job creation potential of 1.9 lakh, he said.

“In the IT & ITES sector, 56 MoUs were signed, amounting to Rs 25,587 crore of investments and will generate employment for 1,04,442 people. In the tourism sector, 117 agreements have been inked for an investment to the tune of Rs 22,096 crore, that will create employment for 30,787 people,” said Reddy.