1 hr ago
Nara Lokesh Pitches Andhra Pradesh Investment Opportunities to Gujarat Investors
Andhra Pradesh is asking companies from Gujarat to build new projects in the state.
Minister Nara Lokesh met several industrial and pharmaceutical companies in Ahmedabad.
He presented opportunities in medicines, data centres, factories, renewable energy and logistics.
Companies were invited to use the new Bulk Drug Park at Nakkapalli.
Emcure Pharmaceuticals will examine a proposal for a biosimilars facility there.
Welspun was asked to consider an industrial park in Kakinada and a capability centre in Visakhapatnam.
Other companies were asked to consider data centres, tyre factories, pipe plants and solar-module manufacturing.
The meetings are part of preparations for a large investment summit in Andhra Pradesh.
Nara Lokesh met Gujarat-based industrial and pharmaceutical groups in Ahmedabad to promote investments in Andhra Pradesh.
Investment proposals covered pharmaceuticals, data centres, manufacturing, renewable energy, logistics and solar modules.
Lokesh invited companies to invest in the 2,000-acre Nakkapalli Bulk Drug Park, whose first phase has been completed.
Proposals included a biosimilars facility by Emcure, a Welspun industrial park in Kakinada and a data centre by ST Telemedia in Visakhapatnam.
The outreach is part of Andhra Pradesh’s preparations for the CII Partnership Summit-2026 and aims to convert investor interest into projects.
- Who
- Andhra Pradesh Minister for HRD, IT and Electronics Nara Lokesh met representatives of industrial and pharmaceutical companies, including Welspun World, Emcure Pharmaceuticals and ST Telemedia.
- What
- Lokesh pitched investment opportunities across pharmaceuticals, data centres, manufacturing, renewable energy, logistics and related sectors.
- Where
- The meetings took place in Ahmedabad, Gujarat, and concerned proposed projects at locations across Andhra Pradesh.
- When
- On Friday, during preparations for the CII Partnership Summit-2026.
- Why
- The Andhra Pradesh government aims to convert investor interest into projects by highlighting its ports, industrial land, infrastructure, incentives and sectoral clusters.
Key facts
- Main official
- Nara Lokesh, Andhra Pradesh Minister for HRD, IT and Electronics
- Outreach location
- Ahmedabad, Gujarat
- Featured project
- Nakkapalli Bulk Drug Park in Anakapalli district
- Park scale
- 2,000 acres; the first phase has been completed
- Proposed Emcure investment
- A biosimilars facility, along with possible API and fermentation-based bulk-drug manufacturing
- Proposed Welspun investments
- A Global Capability Centre in Visakhapatnam and an industrial park in Kakinada
- Summit connection
- The meetings are part of preparations for the CII Partnership Summit-2026
Quotes
Kanubhai J. Thakkar
Chairman of Gokul Agro Resources
“the company's expansion plans for southern markets were under consideration.”
thehansindia.com
“the company would examine the proposals.”
thehansindia.com










