Coromandel International has entered into a non-binding memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) on 13 November, 2025.
The MoU outlines a proposed investment of up to Rs 2,000 crore, subject to necessary approvals. The investment will be directed towards initiatives that align with Coromandel’s business objectives and aim to contibute to the industrial development of Andhra Pradesh.
This agreement serves as a framework for the execution of various projects in a time-bound manner, in compliance with the policies, rules, and regulations of the state government.