The Andhra Pradesh Economic Development Board concluded the Partnership Summit 2018 with major commitments from marquee investors. The AP Economic Development Board is a single point of contact for trade, investments and partnerships in Andhra Pradesh.
The APEDB signed MoUs of 1.44 lakh crore at the Partnership Summit 2018 and was instrumental in orchestrating South Korea and Japan country sessions at the Partnership Summit 2018, according to a press release on 26 February.
Few of the marquee investment commitments were from companies such as Vedanta, Essel Group, Reliance Industries, Toray, Lixil, JBM Group. Amway, LV Prasad Eye Institute and All Cargo Logistics.
The Economic Development Board of the Government of Andhra Pradesh confirmed to have signed MoUs worth over Rs 1.4 lakh crore.
Some of the key sectors where MoUs were concluded in the course of the three-days summit include sectors such as auto, pharma and healthcare, aerospace and defence, construction, logistics and food processing
The Partnership Summit is an annual investment extravaganza and the state has witnessed participation of 4,250 delegates from over 50 countries.