12-November-2026
Economy News
 
Andhra Pradesh converts 74% of investment proposals, attracting Rs 17.2 trillion
12-Nov-2026

Andhra Pradesh has converted 526 of the 714 investment projects received since June 2024, achieving a conversion rate of nearly 74 per cent by project count. The converted projects represent investments worth Rs 17.2 trillion, accounting for approximately 76 per cent of the State"s total investment pipeline of Rs 22.6 trillion, with an overall employment potential of 19,30,000 jobs, said a government statement on Tuesday.

News Source:- https://www.rediff.com/business/report/andhra-pradesh-achieves-74-investment-conversion-rate-attracting-rs-172-trillion-and-193-million-jobs/20261111.htm