“We’ve been able to attract $120 Bn investment in the last 17 months. I want Andhra to attract $1 trillion investment,” says Nara Lokesh

Andhra Pradesh’s investment drive is gathering pace, with IT and Industries Minister Nara Lokesh setting an ambitious new goal — to attract $1 trillion worth of investments to the state. 

Speaking about the plan, Lokesh said he is determined to make Andhra a top investment destination and won’t rest until the target is met.

Andhra Pradesh investment target: $120 billion in 17 months

Lokesh saidAndhra Pradeshhas already attracted close to $120 billion in confirmed investments in just 17 months.

“We’ve been able to attract $120 billion investment in the last 17 months. I was hungry and wanted Andhra to attract $1 trillion investment,” he said.

He added that Andhra’s strength lies in how fast it acts. “Earlier, everyone talked about ease of doing business. But what really matters is how fast we can act,” Lokesh said.

To keep investor confidence high, the government now reviews every MoU before signing. “We are not signing any MoU that is not true in spirit. Every MoU is being vetted and due diligence is being done,” he explained.

The state’s focus on execution has already attracted global players. Google, for instance, is building a major data centre in Visakhapatnam, while other large projects in infrastructure and manufacturing are also underway.

Also Read: Groww shares list at 14% premium over IPO price on BSE, 12% on NSE

Minister Nara Lokesh’s $1 trillion plan for Andhra Pradesh

Looking ahead, the state is preparing for the Andhra Pradesh Partnership Summit 2025, to be held in Visakhapatnam on November 14–15. Lokesh said the event will see the signing of over 410 MoUs, worth around $100 billion, and could create nearly 700,000 new jobs.

He said he won’t rest until the trillion-dollar dream is achieved. “I’ll sleep well the day when we have a firm commitment of a trillion dollars’ worth of investments in Andhra Pradesh,” Lokesh said.

Lokesh also pointed out that healthy competition among Indian states is good for the country. “When states compete, India wins,” he said.

The next phase of the plan will focus on skill development and linking job creation to investment projects. The goal, Lokesh said, is to create over two million jobs while ensuring industries get a skilled workforce.

If Andhra Pradesh continues at this pace, its trillion-dollar dream may soon move from a target to a milestone in India’s investment story.

Also Read: Adani Group is set to build India’s largest 1,126 MW battery storage project in Gujarat worth ₹10,000  Cr+ by March 2026: Report