1 hr ago
Andhra Pradesh pitches investment opportunities at Mumbai roadshow ahead
Andhra Pradesh held a meeting in Mumbai to attract new investments.
Government officials spoke with companies and business groups.
They explained that the state has land, natural resources, ports and transport connections.
The state wants businesses to invest in many different industries.
These include technology, medicines, textiles, food processing and clean energy.
Minister Kondapalli Srinivas said the government wants to make doing business faster and easier.
The government also wants investors to feel that policies will remain stable.
The meeting encouraged companies to attend a larger conference in Visakhapatnam.
That conference is scheduled for November 12 and 13.
Andhra Pradesh organised an investment promotion roadshow in Mumbai with the Confederation of Indian Industry.
Minister Kondapalli Srinivas highlighted the state’s land, resources, infrastructure, ports and logistics connectivity.
The roadshow presented opportunities in sectors including FinTech, pharmaceuticals, textiles, logistics, data centres and renewable energy.
Srinivas said the government would pursue speed, service and stability to improve the investment climate.
The event launched outreach for the CII Partnership Conference in Visakhapatnam on November 12 and 13.
- Who
- The Andhra Pradesh state government, the Confederation of Indian Industry, Minister Kondapalli Srinivas, and business representatives.
- What
- An investment promotion roadshow presenting opportunities in Andhra Pradesh and seeking partnerships with domestic and international businesses.
- Where
- Mumbai, with the follow-up conference scheduled in Visakhapatnam, Andhra Pradesh.
- When
- Wednesday; the related CII Partnership Conference is scheduled for November 12 and 13.
- Why
- To attract investment, broaden business partnerships and encourage companies to participate in the Visakhapatnam conference.
Key facts
- Organisers
- Andhra Pradesh state government and the Confederation of Indian Industry
- Event location
- Mumbai
- Chief guest
- Minister for micro, small and medium enterprises Kondapalli Srinivas
- Featured sectors
- BFSI and FinTech, textiles, pharmaceuticals and life sciences, chemicals and petrochemicals, ports and shipping logistics, food processing and FMCG, Global Capability Centres, data centres, and renewable energy
- Government approach
- A 3S approach: speed of doing business, service and stability
- Follow-up event
- CII Partnership Conference in Visakhapatnam on November 12 and 13
Sources
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