AP eyes a bigger investment pie at the upcoming partnership summit

Total investment intents worth about Rs 5 lakh cr are expected at summit

After achieving number one position in the ease of doing business rankings awarded to the states late 2016, Andhra Pradesh government is aiming to attract a greater number of investment intents during the latest edition of the Partnership Summit scheduled to be held from January 27-28 in the port city of Visakhapatnam.

"The industries department is given an investment target of Rs 4 lakh crore as compared to Rs 2.5 lakh crore worth of MoUs it had signed with the companies in the last partnership summit," a department official told Business Standard on Wednesday.

Together with textiles and mining the