Minister for NRIs Affairs Dr. Palle Raghunatha Reddy claims that 15 US Companies are about to invest Rs. 5,000 crores in AP generating an employment to more than 10,000 people.
American Hilliard Energy Company gave Letter of Intent for investment of Rs.3600 crores in power sector in Anantapur.
Hariprasad Naidu Medarametla gave Letter of Intent for establishment of IT company in Tirupati with 10 million USD.
Architektdomain.com gave Letter of Intent for establishment of IT company in Tirupathi with 4 million USD.
Ravi Chirala to invest Rs.600 crores in Steel, Aluminum, Power sectors in AP.