Lokesh invites investors to make AP 1-trillion economy with 20 lakh new jobs
3 months ago

Lokesh invites investors to make AP 1-trillion economy with 20 lakh new jobs

Deccan Chronicle  

Vijayawada: Education, IT and electronics minister Nara Lokesh on Saturday invited investors into AP, so that the fastest-growing Andhra Pradesh could become a one-trillion economy within the next five years. “This will enable us to fulfil our goal of creating 20 lakh jobs in the state, as promised by the Telugu Desam-led NDA alliance government in its election manifesto,” Lokesh underlined while addressing the Southern Region Council seminar of the Confederation of Indian Industry in Vijayawada. He promised to revive the Economic Development Board, set up by the earlier TDP government, so that investors who had earlier set up their units in AP could get the required incentives. Earlier, AP chief secretary Neerabh Kumar Prasad told investors how AP Chief Minister N. Chandrababu Naidu has redefined PPP as 4Ps – Public, Private, People’s Partnership – wherein people play the key role in overall development of the state.

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History of this topic

Minister promises full support for investment in AP tourism
5 days, 23 hours ago

Minister promises full support for investment in AP tourism

Deccan Chronicle  

VIJAYAWADA: Tourism Minister Kandula Durgesh has said the alliance government is keen on extending full support to investors in the tourism sector. The new Tourism Policy 2024-2029 has been formulated to position Andhra Pradesh as a top state in the tourism sector, he said while participating in the Tourism Investors Engagement programme of the APTDC. Durgesh said the government has …

Naidu, Lokesh discuss investments to AP for renewable energy projects
1 week, 2 days ago

Naidu, Lokesh discuss investments to AP for renewable energy projects

Deccan Chronicle  

Vijayawada:Chief Minister N Chandrababu Naidu and Education Minister Nara Lokesh have welcomed investments to Andhra Pradesh for developing renewable energy projects. Delegations from SAEL Ltd and leading financial institutions in renewable energy Norfund, NDBBank and Societe Generale met the two on Saturday and discussed their plans and projects for AP. He stated later, “It was a pleasure to meet representatives …

AP’s vision is entrepreneur from every house: Minister
3 weeks, 4 days ago

AP’s vision is entrepreneur from every house: Minister

Deccan Chronicle  

VIJAYAWADA: BC welfare minister S. Savitha underlined that the state government led by Chief Minister Nara Chandrababu Naidu is working with the ambitious goal of nurturing an entrepreneur in every household. Choudhary as chairman of the Andhra Pradesh Khadi and Village Industries Board at Tummalapalli Kalakshetram in Vijayawada on Wednesday, the minister outlined the state's plans to promote MSMEs through …

Andhra: SIPB clears Rs 85,083 crore investment proposals
1 month ago

Andhra: SIPB clears Rs 85,083 crore investment proposals

New Indian Express  

Compete with other States to attract investments, CM exhorts officials Similarly, Astha Green Energy Ventures India Pvt Ltd will invest Rs 8,240 crore and provide employment to 4,000 people, Greenko APo1 IREP Infra Pvt Ltd will invest Rs 2,000 crore and provide 1,725 jobs. He advised the officials to adopt the land pooling system while acquiring land for ArcelorMittal steel …

AP Embraces AI: CM Sets Path for Tech Hub
1 month, 2 weeks ago

AP Embraces AI: CM Sets Path for Tech Hub

Deccan Chronicle  

Andhra Pradesh Chief Minister N Chandrababu Naidu has outlined plans to transform the state into a hub for Artificial Intelligence (AI). The government will focus on introducing changes in various policies related to IT, drone manufacturing and semiconductor industries. Ananthapur will be presented as a destination for drone production companies, while Sri City will be developed into a semiconductor hub. …

AP's AI Boom: Opportunities for Global Investors
1 month, 3 weeks ago

AP's AI Boom: Opportunities for Global Investors

Deccan Chronicle  

AP Minister Nara Lokesh encourages US investors to explore investment opportunities in the state's AI industry. He highlights the state's favourable policies and infrastructure, including investor-friendly policies and a focus on AI education and research. Lokesh urges entrepreneurs to seize the AI opportunities and contribute to the state's economic growth.

Chandrababu Naidu outlines Andhra Pradesh’s energy goals at investors’ conclave in Gujarat
3 months, 1 week ago

Chandrababu Naidu outlines Andhra Pradesh’s energy goals at investors’ conclave in Gujarat

The Hindu  

Andhra Pradesh Chief Minister N. Chandrababu Naidu, addressing the 4th Global Renewable Energy Investors Meet & Expo at Gandhinagar on Monday, said his government has lined up a slew of incentives for the entire spectrum of Renewable Energy companies under the A.P. Outlining salient features of the ICEP, Mr. Naidu said the State government’s target is to generate 78.50 Gigawatts …

CM Naidu Vows to Develop AP in 5 Years
4 months ago

CM Naidu Vows to Develop AP in 5 Years

Deccan Chronicle  

VIJAYAWADA: Chief Minister Nara Chandrababu Naidu has vowed to develop the state in the next five years, in response to the huge mandate the people gave his alliance in the recent elections. Naidu said, “We aim to ensure justice to the poor.”The CM said that under Mahatma Gandhi rural employment scheme, AP has been sanctioned Rs 4,500 crore by the …

AP to Get Rs.80,000 Crore Central Funds for Various Projects, Says Union Minister Chandrasekhar
4 months, 3 weeks ago

AP to Get Rs.80,000 Crore Central Funds for Various Projects, Says Union Minister Chandrasekhar

Deccan Chronicle  

Vijayawada: Central funds of around Rs.80,000 crore are coming to Andhra Pradesh in the form of various projects and more funds will be channelled to the state through central schemes. Addressing the media in Guntur on Sunday, Union minister of state for rural development, Pemmasani Chandrasekhar, said,”No one had expected that the Centre would give as high as Rs.15,000 crore …

Centre committed for development of AP: Purandeswari
5 months ago

Centre committed for development of AP: Purandeswari

Deccan Chronicle  

Vijayawada: State BJP president and MP, Daggubati Purandeswari, has said the Centre is committed to support the development of Andhra Pradesh in all ways. The BJP leader recalled the words of chief minister Nara Chandrababu Naidu that AP was on ventilator, and said that the Centre’s help in the Union Budget was like a dose of oxygen to AP. Understanding …

AP Best Place for Investments: CM Chandrababu Naidu
5 months, 1 week ago

AP Best Place for Investments: CM Chandrababu Naidu

Deccan Chronicle  

VIJAYAWADA: Chief Minister N. Chandrababu Naidu on Wednesday held a review of the financial condition of the state. The company representatives brought to the notice of the Chief Minister that at least 4,000 to 5,000 acres of land is needed for setting up the petrochemical complex. Responding to the pleas from BPCL and VinFast representatives, Naidu said necessary land would …

2023 Gave Boost to AP in Investments, Industrial Sector
11 months, 3 weeks ago

2023 Gave Boost to AP in Investments, Industrial Sector

Deccan Chronicle  

Vijayawada: Year 2023 was a transformative period for Andhra Pradesh, with Chief Minister Y.S Jagan Mohan Reddy's “visionary initiatives reaping rich rewards,” government sources claimed on Wednesday. The year 2023 witnessed the emergence of several food processing and pharmaceutical units, hotels, resorts, industrial, solar and green energy ventures collectively worth Rs 37, 397crore across regions. The officials said year 2023 …

Reliance to generate of 10 GW of renewable solar energy in AP: Ambani
1 year, 9 months ago

Reliance to generate of 10 GW of renewable solar energy in AP: Ambani

Deccan Chronicle  

Visakhapatnam: Reliance Industries chairman and managing director Mukesh Ambani vowed to invest in the generation of 10 gigawatts of renewable solar energy in Andhra Pradesh. Addressing the inaugural session of AP Global Investors Summit here on Friday, the Reliance industries head said that Andhra Pradesh was playing a crucial role in India’s economic growth. Ambani said that India had become …

AP clinches investments worth Rs 13 lakh Cr at Investors Summit: CM Jagan Mohan Reddy
1 year, 9 months ago

AP clinches investments worth Rs 13 lakh Cr at Investors Summit: CM Jagan Mohan Reddy

Deccan Chronicle  

VISAKHAPATNAM: Chief Minister Y.S. Jagan Mohan Reddy said Andhra Pradesh had received 340 investment proposals worth Rs. 13 lakh crore in 20 key sectors with a job potential for six lakh people, at the inaugural session of the two-day Global Investors Summit that began here on Friday. Reddy said that the state was contributing its share for the rapid growth …

AP plans to realise 90% of assured investments during GIS
1 year, 9 months ago

AP plans to realise 90% of assured investments during GIS

Deccan Chronicle  

VIJAYAWADA: As the Andhra Pradesh government is expecting investments in the range of ₹2 lakh crore to over ₹5 lakh crore during the Global Investors Summit, it plans to realise the committed investments to the tune of 80 per cent to 90 per cent, unlike the earlier experience of only 10 per cent. Industry department authorities maintain that as many …

AP to attract investments of over Rs 5 lakh crore at investors meet
1 year, 9 months ago

AP to attract investments of over Rs 5 lakh crore at investors meet

Deccan Chronicle  

VIJAYAWADA: The Andhra Pradesh government is expecting to get investment offers of more than Rs 5 lakh crore rupees at the two-day Global Investors Summit in Visakhapatnam from March 3, next Friday. The key sectors where huge investments from industries, both domestic and international, are expected are the automobile and electric vehicle, food processing, aerospace defence, electronics, information technology, industrial …

AP hosts investment drive in Chennai to promote GIS Vizag
1 year, 10 months ago

AP hosts investment drive in Chennai to promote GIS Vizag

Deccan Chronicle  

Vijayawada: Andhra Pradesh is hosting an investors’ drive in Chennai on Friday as part of its efforts to attract businesses and investors for the upcoming Andhra Pradesh Global Investors Summit 2023. Under the theme of "Advantage Andhra Pradesh - Where Abundance Meets Prosperity," the summit would showcase the state's strong industrial base, robust presence of MSMEs and start-ups, and investor-friendly …

Gadkari wishes AP to become rich state by availing its resources
2 years, 3 months ago

Gadkari wishes AP to become rich state by availing its resources

Deccan Chronicle  

Vijayawada: Union minister for road transport and highways Nitin Gadkari on Thursday wished Andhra Pradesh to become one of the richest states by availing its natural resources like water, power, transport and communication. He said he would positively consider proposals for road projects stretching a length of 2,003km at a cost of Rs 50,000 crore for AP. In Nagpur constituency, …

AP attracts 57,000 crore investments, 31,010 increase in per capita income
2 years, 3 months ago

AP attracts 57,000 crore investments, 31,010 increase in per capita income

Deccan Chronicle  

VIJAYAWADA: Industries Minister Gudivada Amarnath said in the state assembly on Friday that investments of Rs 57,000 crore are coming to AP and the government is promoting MSMEs in a big way for industrial development. During a short discussion on ‘Industrial development, investments and financial growth in the state’, the minister refuted the allegations of Telugu Desam that AP was …

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