Andhra Pradesh's Global Outreach: A Bid for Investment
Andhra Pradesh IT Minister Nara Lokesh hosted an investor summit in London as part of the state's global outreach initiative, attracting significant interest and investments. With a focus on decentralised, cluster-driven growth, the event highlighted the state's infrastructure strengths and roadmap to become a major economy by 2047.
- Country:
- India
Andhra Pradesh's IT Minister, Nara Lokesh, took the stage in London to host an investor summit, setting the stage for the upcoming CII Partnership Summit in Visakhapatnam. This event, held at the distinguished Institute of Directors, is a key component of the state's ambitious global outreach programme.
The minister proudly declared that Andhra Pradesh had attracted Rs 10 lakh crore in investments over the last 15 months. He highlighted the state's strategic geographic advantage, with its long coastline and abundant resources, striving for a USD 2.4 trillion economy by 2047 through cluster-driven growth initiatives.
Promoting Andhra Pradesh as a hub for innovation and sustainable development, Lokesh emphasized the state's focus on renewable energy, advanced research, and efficient industrial collaboration. With fast approvals and transparent processes, the minister reassured international investors of a conducive business environment.
(With inputs from agencies.)
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