AP signed Rs 4.25 lakh cr worth 128 MoUs

he Andhra Pradesh government has signed 128 MoUs worth about Rs.4.25 lakh crore with various companies on the first day of the two-day Partnership Summit started in Visakhapatnam, yesterday. According to the Confederation of Indian Industry (CII), the MoUs have the potential create 5.5 lakh jobs. As many as 68 MoUs were signed in information technology sector.

The MoUs signed with Gas Authority of India Limited (GAIL), Hindustan Petroleum Corporation Limited (HPCL) and another with Oil and Natural Gas Commission (ONGC) are worth Rs. 1.20 lakh crore investment. Read More Telugu News Online

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