The meet would also focus on the development of micro, small and medium enterprises (MSMEs). (File Photo)

Tirupati:More than 65 memoranda of understanding (MoUs) are expected to be signed at the regional summit of the upcoming 31st CII Partnership Summit, at Sri City Kriya University in Tirupati district on Monday, paving the way for employment opportunities for thousands of youth.

District collector Venkateswar said on Sunday that the event would focus on investment opportunities and industrial development in Tirupati, Chittoor, Annamayya, Kadapa and Nellore districts. Investments would be encouraged in sectors including electronics, food processing, aerospace, tourism, hospitality, automobile components, pharmaceuticals, solar products, logistics, packaging, recycling and footwear manufacturing.

The meet would also focus on the development of micro, small and medium enterprises (MSMEs). Initiatives include providing opportunities for local entrepreneurs, addressing banking-related issues, showcasing products and promoting exports.

The regional summit is being organised as a precursor to the 31st CII Partnership Summit scheduled in Visakhapatnam on November 12 and 13. This is aimed at attracting investments to the region, promoting industrial growth and creating employment opportunities for local youth.


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