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Coromandel International signed a non-binding memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) on 13 November 2025.
The MoU proposes an investment of up to ₹2,000 crore, subject to requisite approvals. The planned investment will support initiatives aligned with Coromandel’s business priorities while contributing to the industrial development of Andhra Pradesh.
The agreement provides a framework for implementing various projects in a time-bound manner, ensuring adherence to the state government’s policies, rules, and regulatory requirements.
News by Rahul Yelligetti.
