The day saw many companies from India and abroad signing Memorandum of Understanding (MoUs) with the government. The AP government has signed a total of 352 MoUs worth Rs 13,05,663 lakh crore of which 260 MoUs are signed today in more than 13 sectors. Today, the government has signed 260 MoUs worth Rs 1.17 lakh crore.

The agriculture department saw 15 MoUs worth Rs 1160 crore generating employment and Animal Husbandry department signed 8 MoUs worth Rs 1020 crore that will generate 3750 employment in the state. The highest number, 117 MoUs were signed in the Tourism sector today which were worth Rs 22,096 crore that will generate more than 30,000 employment in the state. The Energy department saw 40 MoUs worth Rs 8,84,823 crore that will generate nearly 2 lakh employment opportunities to the people of state.

The sectors that have attracted investments include Energy Department, Industries & Commerce Department, IT & ITES Department, Tourism Department and Agriculture and Animal Husbandry. Amongst the major investors are, Reliance has signed 1 MoUs with an investment of Rs 5 lakh crore which will generate employment for 1,00,000 people.

HPCL has signed 1 MoUs with an investment of Rs 14.3 crore which will generate employment for 1500 people. HCL Technologies has signed 2 MoUs with an investment of Rs 22 crore which will generate employment for 5,000 people. Flipkart has signed 2 MoUs with an investment of Rs 20 crore generating employment for 300 people.

Amongst the major investors are, the National Thermal Power Corporation (NTPC) has signed three MoUs with an investment of Rs 2,35,000 crore which will generate employment for 77,000 people. JSW Group signed 6 MoUs, the largest amongst the lot with an investment of Rs 50,632 crore which will generate employment for 9,500 people. ABC Limited has signed 1 MoU with an investment of Rs 1.20 lakh crore generating employment for 7000 people of Andhra Pradesh.