Andhra Pradesh has launched a major investment drive, signing MoUs worth nearly ₹13.25 lakh crore at the CII Partnership Summit in Visakhapatnam. The Chandrababu Naidu-led government aims to attract significant capital across new-age sectors like space tech, electronics, and semiconductors. These commitments could lead to over 16 lakh jobs, signaling a strong push to restore investor confidence and position the state as an industrial hub.