Debt-ridden Andhra Pradesh woos investors: Foxconn, Brookfield Corp, Suzlon Energy set to invest in state
Leading global companies like Foxconn, Suzlon, and Brookfield Corporation have announced investments in Andhra Pradesh. Foxconn is likely to set up a mega manufacturing city, Suzlon plans to enlarge its wind turbine plant, and the Oberoi group will establish five hotels. The Naidu government is looking at private investments to re-energise the state economy and deliver its poll promise of providing 20 lakh jobs over the next five years.