Tirupati Region Attracts ₹11,732 Crore Investment Proposals

Tirupati: The five districts of Tirupati, Chittoor, Annamayya, Kadapa and Nellore are set to attract proposed industrial investments of ₹11,731.68 crore through 67 memoranda of understanding (MoUs) exchanged at the concluding regional investment conference held at KREA University in Sri City on Monday.

The proposals have the potential to generate 20,879 jobs.

The conference marked the conclusion of Andhra Pradesh’s series of five regional investment conferences held in Visakhapatnam, Kakinada, Amaravati, Anantapur and Tirupati.

Across the five meetings, 195 MoUs worth ₹85,561.42 crore were exchanged, with the potential to create 1,56,241 jobs.

Another 68 projects worth ₹5,714.06 crore, expected to generate 13,488 jobs, were grounded or inaugurated.

Of the 67 MoUs exchanged at Tirupati, 50 projects are planned in Tirupati, Chittoor, Annamayya, Kadapa and Nellore districts.

These proposals involve investments of ₹7,380.68 crore and could generate 16,612 jobs.

Sri City alone is expected to host 18 projects.

The remaining 17 agreements cover projects in other districts or across multiple locations.

Electronics and semiconductors, auto components, footwear, tourism and food processing were among the sectors attracting investment proposals.

Six MoUs in electronics and semiconductors involve investments of ₹2,105 crore and the potential to generate 4,540 jobs.

Five agreements in auto components and electric mobility account for ₹1,600 crore and 2,250 jobs.

Hilltop SEZ Development India proposed a footwear manufacturing project in Tirupati district with an investment of ₹700 crore and the potential to create 3,000 jobs.

Tourism and hospitality attracted 22 MoUs worth ₹1,538 crore, with 2,812 jobs envisaged, while nine food processing proposals involve investments of ₹1,096 crore and could generate 2,130 jobs.

S.S. Rawat, Special Chief Secretary for Youth Advancement, Tourism and Culture, said the regional conferences aimed to distribute industrial investments across the State by leveraging local resources and business opportunities.

He said 21 micro, small and medium enterprises (MSMEs) participated in the Sri City conference.

Industries and Commerce Department Secretary Y. Yuvraj said the government was focusing on regional investment, youth employment and industrial growth.

He said the proposed ‘One Family, One Entrepreneur’ initiative would encourage self-employment and help improve household incomes.

CII Andhra Pradesh vice-chairman G. Sambasiva Rao said the conference explored business opportunities, advanced manufacturing technologies and knowledge-based industries.

He stressed the need to support local entrepreneurs and strengthen skills and infrastructure.

The MSME Banking Grievance Redressal Mechanism was also launched at the event.

Amudavalli Ranganathan of CavinKare called for strengthening the supply chain to connect tomato farmers in Madanapalle with international markets and improve their returns.

Tirupati District Collector Dr. S. Venkateswar also spoke.

The 31st CII Partnership Summit will be held in Visakhapatnam on November 12 and 13, 2026, on the theme ‘Navigating the New World Order: Trade, Technology, Trust and Thought Leadership’.