Visakhapatnam: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy made significant investment announcements during his address at the Global Investors Summit in Visakhapatnam. CM Jagan stated that the state government had received 340 investment proposals worth Rs 13 lakh crore, with the potential to create employment opportunities for 6 lakh people across 20 sectors. He further added that additionally, 92 MoUs worth Rs 11.85 lakh crore were set to be executed, resulting in the creation of 4 lakh jobs. The Chief Minister also confirmed that Visakhapatnam would serve as the executive capital of Andhra Pradesh, and that he would soon be relocating there. CM YS Jagan emphasized the state's commitment to attracting investment and fostering economic growth.
