Andhra Pradesh is poised to generate 8.5 lakh jobs through investment-related Memorandums of Understanding (MoUs) signed by the government, according to Chief Minister N Chandrababu Naidu. Naidu highlighted that several corporations, including Google, Tata Consultancy Services (TCS), LG Electronics, and ArcelorMittal, are among those investing in the state.

The Chief Minister emphasized that investors have confidence in Andhra Pradesh's stability and potential. He also noted that companies like Cognizant Technology Solutions and Jindal Group are establishing units in the Rayalaseema and North Andhra regions. Growth is expected to be achieved in backward areas through the development of aerospace, defense, and food processing units, ensuring job creation and equitable regional industrial development across various sectors.

In related efforts to boost employment, Chief Minister Naidu has directed officials to prioritize skill development programs with the aim of creating 20 lakh jobs for the youth. He stressed that skill training should align with emerging technological advancements and global industry requirements to ensure employability.

The government plans to organize large-scale job fairs to connect job seekers with employers, targeting 1,500 placements per constituency this year. Furthermore, the state government has secured commitments for ₹9.5 lakh crore in industrial investments, which are projected to create 8.5 lakh jobs. To maximize these opportunities, Naidu emphasized conducting skill gap analyses for IT graduates, expanding apprenticeship programs, and incorporating soft skills training.

The Andhra Pradesh State Investment Promotion Board (SIPB) has approved investment proposals worth ₹85,000 crore from 10 large industries, which are expected to create 34,000 jobs. Incentives will be provided based on the number of jobs created by these projects, in line with the recently announced industrial policy.

Nara Lokesh, Minister for Human Resources Development, stated that the NDA-led government has attracted ₹9.5 lakh crore worth of investments with the potential to generate over 8.5 lakh jobs. Since assuming power, 78 major industrial proposals worth ₹9.2 lakh crore and 1,19,580 MSME proposals worth ₹13,895 crore have been signed. Lokesh emphasized continuous monitoring of projects through sector-specific Project Monitoring Units (PMUs) within the Economic Development Board (EDB). He also underscored the need for a strong skill-based ecosystem to train youth for emerging industries and instructed the integration of WhatsApp governance to fast-track investor approvals.

The State Investment Promotion Board (SIPB), chaired by Chief Minister Nara Chandrababu Naidu, has also approved investment proposals totaling ₹1,21,659 crore from ten companies. These approvals are projected to generate 80,104 employment opportunities across the industrial, energy, and tourism sectors. With these approvals, the board has now cleared cumulative investment proposals worth ₹4,32,584 crore, expected to create 3,92,680 jobs throughout the state.

Chief Minister Naidu has directed officials to ensure prompt commencement of ground operations by companies that have signed investment agreements and to develop a real-time tracking system for effective supervision. He also mandated the establishment of MSME parks in all 175 Assembly constituencies and five Ratan Tata Innovation Centres to foster innovation and entrepreneurship.

Addressing the national executive committee meeting of the Federation of Indian Chambers of Commerce and Industry (FICCI) in Vijayawada, Chief Minister Naidu invited industrialists to invest in the state, emphasizing the "speed of doing business". He stated that the state has received investment proposals worth ₹9.5 lakh crore so far, with the potential to generate 8.5 lakh jobs.

The government has set up the Andhra Pradesh Twenty Point Programme to ensure the creation of jobs for 20 lakh youth and is focusing on encouraging the establishment of Micro, Small, and Medium Enterprises (MSMEs) to contribute to the industrial growth of the state.