Anantapur CII Summit Attracts ₹4,141 Crore Investments, Jobs In Rayalaseema

Of these, 14 MoUs worth ₹4,141.39 crore, expected to create 6,374 jobs, relate to projects in Anantapur, Sri Sathya Sai, Kurnool, Nandyal, and other districts in Rayalaseema. The remaining nine agreements concern projects in seven other districts, including Visakhapatnam and Kakinada.

Andhra Pradesh Economic Development Board (APEDB), in association with Confederation of Indian Industry (CII), organised the summit. It brought together government officials, industrialists, and investors who explored opportunities in automobile components, aerospace and defence, steel, textiles, food processing, horticulture, renewable energy and hospitality.

The agreements highlight Rayalaseema region's potential as an industrial destination, particularly with the expansion of the automobile ancillary ecosystem around Kia Motors in Penukonda, emerging aerospace and defence clusters, and the proposed Global Horticulture Hub.

The largest MoU has been signed by Kia supplier Hwashin Automotive India involving an investment of ₹850 crore in four-wheeler components in Sri Sathya Sai district. Seoyon E-Hwa Summit Automotive proposed an investment of ₹514.17 crore in automobile interior and exterior components with a potential of generating 918 jobs. Iwamet India will invest ₹250 crore in an automobile components unit in Kurnool, creating 400 jobs.

The three automobile-related agreements account for a combined investment of ₹1,614.17 crore, strengthening the supplier ecosystem around the Kia manufacturing facility at Penukonda. According to the conference note, Kia India and its associated units have invested more than ₹22,000 crore in the region and generated 24,237 direct jobs.

Aerospace and defence sector attracted nine MoUs worth ₹1,609 crore, with the potential to create 2,057 jobs. Agastya Composites has proposed an aerospace and advanced materials manufacturing complex in Kurnool with an investment of ₹810 crore and an employment potential of 900.

In the steel sector, Hariom Pipe Industries has proposed an integrated steel plant near Anantapur with an investment of ₹700 crore and an employment potential of 1,100. Steadfast Steels will establish a unit in Kurnool district with an investment of ₹536.22 crore and is expected to create 641 jobs.

The textile sector in Sri Sathya Sai district has secured three MoUs worth ₹115 crore, with a combined employment potential of 1,490. The proposals include garment manufacturing units by Mahajan Textiles and Unnati Textiles, along with a functional fabric unit proposed by Little King Global. The projects are expected to strengthen the textile and apparel clusters in Dharmavaram and Gorantla.

Addressing the conference, principal secretary (Industries and Commerce) Chiranjiv Choudhary said Andhra Pradesh had attracted investments of more than ₹25,000 crore in food processing across nearly 20 districts. He said the state was emerging as a leader in natural farming and climate-resilient agricultural practices. In this regard, he highlighted the adoption of micro-irrigation by farmers in Anantapur district.

AP Industrial Infrastructure Corporation (APIIC) vice-chairman and managing director A.S. Dinesh Kumar said Andhra Pradesh's long coastline, ports, industrial corridors, and skilled workforce offer significant opportunities for manufacturing and cargo movement.

Anantapur district collector O. Anand said the conference has brought government, industries, institutions, and entrepreneurs together to explore investment and employment opportunities. The district administration would work with stakeholders to translate the proposals into projects.

An exhibition organised by 24 micro, small and medium enterprises from Anantapur, Sri Sathya Sai, Kurnool, and Nandyal districts, showcased products ranging from solar modules, electric vehicles, and automobile components to micro-irrigation systems, bio-fertilisers, horticultural products, millet-based foods, cold-pressed oils, and traditional handicrafts.

Senior officials attending the conference included APEDB CEO Sagili Shanmohan, Horticulture and Sericulture director K. Srinivasulu, JNTUA vice chancellor Prof. H. Sudarsana Rao, and CII Andhra Pradesh vice chairman G. Sambasiva Rao.