Friday, November 22, 2024

Lokesh woos US investors to AP

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Minister for Education, Electronics, and IT, Nara Lokesh, emphasised Andhra Pradesh’s potential for rapid growth by harnessing artificial intelligence (AI) opportunities, akin to the advancements seen in Hyderabad and Bengaluru during the Y2K boom. Currently, on a tour of the United States, Minister Lokesh is engaging with prominent industrialists to attract investments to the state, showcasing its favourable investment climate and investor-friendly policies.
During a meeting with business leaders in San Francisco, Lokesh highlighted the transformative changes occurring in India and projected significant advancements over the next 25 years. Under the leadership of Chief Minister Chandrababu Naidu, who is currently serving his fourth term with a renewed cabinet, Andhra Pradesh is actively implementing its P-4 policy (public-private-people partnerships) to drive industrial development and alleviate poverty. Lokesh identified key investment sectors such as manufacturing, renewable energy, bio-energy, aquaculture, and petrochemicals, which the government is positioning for high growth. As the Education Minister, Lokesh also addressed the reforms aimed at aligning the education sector with industry needs.

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