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The Hindu

National

G.V.R. Subba Rao

MoUs signed at GIS in Vizag translating into reality, says A.P. Chief Minister Jagan Mohan Reddy

Jagan Mohan Reddy GIS Industries

Chief Minister Y.S. Jagan Mohan Reddy on November 29 (Wednesday) virtually inaugurated and laid stone for a slew of food processing and industrial units worth ₹1,100 crore from his camp office at Tadepalli, near here.

Speaking on the occasion, Mr. Jagan Mohan Reddy said that Memoranda of Understanding (MoUs) signed at the Global Investors Summit (GIS) in Visakhapatnam were translating into reality.

Out of the 386 MoUs signed at the GIS in March 2023 to bring in ₹13 lakh crore investment and with a potential to give employment to 6 lakh persons, 33 units started functioning, and works relating to 94 were in full swing, while works on other industries were in preliminary stage, he said.

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