Andhra Pradesh

91 firms came forward to invest Rs 91,839 cr in AP: Lokesh

Holding a high-level review meeting with senior officials at his residence in Undavalli, Lokesh said it would ensure quicker approvals.

Express News Service

VIJAYAWADA: Minister for HRD, IT and Electronics Nara Lokesh on Tuesday instructed officials to appoint a dedicated nodal officer for every company planning to set up IT and electronics units in the State.

Holding a high-level review meeting with senior officials at his residence in Undavalli, Lokesh said it would ensure quicker approvals.

Highlighting the State’s ambition to turn Visakhapatnam into a leading technology and innovation hub, Lokesh asked the officials to prepare a roadmap to attract major IT and electronics companies.

He mentioned that 91 companies have already submitted proposals to invest a combined Rs 91,839 crore, which are projected to create over 1.41 lakh jobs. “Our goal is to generate 5 lakh jobs in the IT and electronics sectors over the next five years. This is vital not only for economic growth but also for positioning Andhra Pradesh as a national leader in technology-driven employment,” he said.

He directed the officials to expedite clearances for proposed projects and personally engage with company representatives to resolve issues and fast-track operations.

LIVE | West Asia conflict: Iran war 'pretty much' over, says Trump

INTERVIEW | We stand guard over allies, not engaged in US-Israel strikes on Iran: NATO official Berti

70 years young: Shashi Tharoor brand lives on amid controversy as constant companion

Tensions rise in INDIA bloc as Left objects to Rahul Gandhi’s remarks on Kerala CPI(M)-BJP ties

G7 'not there yet' on release of oil reserves amid Mideast War: French finance minister

SCROLL FOR NEXT