Visakhapatnam, Nov. 11 -- Telugu Desam Party State President and Gajuwaka MLA Palla Srinivasa Rao on Wednesday said that the government expects the upcoming CII summit to attract investments of around Rs 11 lakh crore and generate employment opportunities for 2.5 lakh people, with nearly 3,800 Memoranda of Understanding (MoUs) likely to be signed.
In a release, he said that the participation of delegates from 58 countries would further enhance Visakhapatnam's international profile and strengthen its position as an emerging investment destination, he said. He noted that representatives of leading companies, including Kia Motors, ReNew, Mondelez India, Saint-Gobain, NALCO and Levista, are expected to participate in the summit.
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