Andhra signs ₹6,200-crore investment pacts for Godavari region at CII meet; 18,000 jobs expected
Pawan Kalyan tells investors the government will keep its word and asks them to protect the land, mangroves and coast
On October 12, 2026, the government of Andhra Pradesh inked ₹6,200 crore worth of investment agreements with various investors for projects in the Godavari region. At the CII Partnership Summit, Deputy Chief Minister K. Pawan Kalyan presided over the signing ceremony, projecting the ventures would generate 18,000 jobs. Pawan Kalyan assured investors he would safeguard their interests, stating, "We respect the ambitions of the investor and protect the investment.
We want you to prosper." The proposed projects include a rare earth permanent magnet plant by Nexon-Geochem group worth ₹1,250 crore, an aviation fuel plant by SAF One Energy near Kakinada port, and an Indian National Centre for Ocean Information Services branch for tsunami alerts.
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