11 hrs ago

Lokesh Pitches Andhra Pradesh as Hub for Global Industries

N. Lokesh met leaders from several large companies in New Delhi.

He asked them to invest in Andhra Pradesh.

The proposed investments cover phones, computer equipment, medicines, farming and clean energy.

Vivo India was asked to build a mobile-parts facility in Tirupati.

Cisco was invited to create manufacturing and engineering operations, including in Visakhapatnam.

Abbott India was asked to consider medical-device and medicine facilities.

Mastercard and SAP were invited to support technology, digital governance and training.

Godrej and Yara were asked to develop food, farming, fertilizer and green-ammonia projects.

The companies said their senior teams would study the proposals, so the projects had not yet been confirmed.

Key facts

Mobile manufacturing proposal: Vivo India was asked to establish a mobile-components facility and dedicated supplier park in Tirupati.
Cisco proposal: Cisco was invited to establish manufacturing for UCS servers, switches and routers, plus an engineering or global capability centre in Visakhapatnam.
Healthcare proposal: Abbott India was invited to establish medical-device or diagnostics operations, a generic-medicines facility and a global capability centre.
Technology and skills: Mastercard and SAP were invited to establish technology or digital-governance centres and support training and certification.
Godrej investments: Godrej Agrovet reported a ₹70-crore MoU for oil-palm processing and Samadhan centres, while a ₹210-crore confectionery and cocoa-butter substitute unit was being established in Dwaraka Tirumala mandal.
Green-industry proposal: Yara International ASA was invited to establish a green-ammonia manufacturing and export complex, along with fertilizer and micronutrients facilities in Kakinada.
Company response: Representatives said their senior teams would examine the proposals; the article does not report final approvals.

deccanchronicle.com · 12 hrs ago