Archive · 30 Aug 2026
Srinivas Urges Malaysian Telugu Diaspora to Invest in Andhra Pradesh
Kondapalli Srinivas asked Telugu people living in Malaysia to invest in Andhra Pradesh.
He spoke at a celebration marking 70 years of the Telugu Association of Malaysia.
He said the state wants to create jobs and attract large investments.
The plan is called Swarna Andhra-2047.
The government is promoting industries, technology, skills and rural businesses.
It is also offering support and insurance services to people living abroad.
New innovation centres will help small businesses and startups.
Srinivas said Malaysian Telugu entrepreneurs can help Andhra Pradesh grow by sharing their knowledge, experience and technology.
Kondapalli Srinivas urged Malaysian Telugu entrepreneurs to invest in Andhra Pradesh under the Swarna Andhra-2047 development vision.
He addressed the Telugu Association of Malaysia’s 70th anniversary celebrations at Penang Waterfront Convention Centre.
Srinivas said the Andhra Pradesh government is targeting ₹30 lakh crore in investments and 20 lakh jobs.
The government has introduced six industrial policies and is promoting opportunities in manufacturing, tourism, food processing and digital services.
APNRTS offers NRIs ₹10 lakh Pravasi Bima insurance, a 24/7 helpline, an NRI cell and investor services.
- Who
- Kondapalli Srinivas addressed the Telugu diaspora in Malaysia, particularly Telugu entrepreneurs.
- What
- He urged them to invest in Andhra Pradesh and contribute expertise, experience and technology to the State’s development plans.
- When
- At the Telugu Association of Malaysia’s 70th anniversary celebrations on Saturday.
- Where
- Penang Waterfront Convention Centre, Malaysia.
- Why
- To support Andhra Pradesh’s Swarna Andhra-2047 vision, attract investments and create jobs.
- Event
- 70th anniversary celebrations of the Telugu Association of Malaysia
- Telugu population represented
- Nearly five lakh Telugu people in Malaysia
- Investment target
- ₹30 lakh crore
- Employment target
- 20 lakh jobs
- Industrial policies
- Six new policies have been introduced
- NRI insurance
- APNRTS provides ₹10 lakh Pravasi Bima insurance
- Innovation centres
- Planned for Amaravati, Visakhapatnam, Tirupati and Anantapur