Pawan Kalyan Asks Investors To Partner in AP’s Growth
Andhra Pradesh is a treasure trove of opportunities; come to the state with ambitious ideas, and you will achieve significant growth.
Visakhapatnam: Deputy Chief Minister K. Pawan Kalyan has asked investors to partner in Andhra Pradesh’s growth, expand into rural and tribal regions, and translate investment commitments into projects without delay.
Addressing the 31st CII Partnership Summit in Visakhapatnam on Thursday, he assured investors of NDA coalition government’s support, stating that maintaining law and order and ensuring speedy project approvals are among the administration’s priorities.
The Deputy CM called on businesses to integrate small entrepreneurs and micro, small, and medium enterprises (MSMEs) into their operations, so that investments benefit communities at the grassroots.
He said, "Andhra Pradesh is a treasure trove of opportunities. Come to the state with ambitious ideas, and you will achieve significant growth. Invest with a clear vision, and you will feel the state is your own home. Together, we can realise both the state's vision and your aspirations within a short span of time."
Citing the state’s 1,053-km coastline, strategic location as a gateway to the Association of Southeast Asian Nations (ASEAN) nations, and skilled workforce, Pawan Kalyan said the government is committed to providing a secure, business-friendly environment. He wanted entrepreneurs to promote innovation and protect the environment.
The Deputy Chief Minister pointed out that the 2024 CII summit resulted in agreements with 714 organisations for proposed investments of Rs 22.6 lakh crore, with potential to create 19.3 lakh jobs. A recent CII regional summit in Kakinada yielded 15 MoUs worth Rs 4,256 crore, with the ability to generate 14,000 jobs.
The state is targeting about 150 additional MoUs involving investments of nearly Rs 10 lakh crore at the ongoing summit, he revealed.
