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Andhra Pradesh govt to launch new industrial policy soon

Updated: Jan 27, 2023 08:55:22am
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Andhra Pradesh govt to launch new industrial policy soon

Visakhapatnam, Jan 28 (KNN) The Andhra Pravesh minister of industries and IT Gudivada Amarnath said that the state government will launch the industrial policy before the upcoming investors summit,according to a report in the TOI.

The policy will be bought in after consultation with industrialists and experts, he said.

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Andhra Pradesh Global Investors Summit-2023 (APGIS 2023), is scheduled to be held in Visakhapatnam on March 3 and 4.

Amarnath pointed out that the Global Investors Summit (GIS) would change the future of the state and the industrialists in the state are the brand ambassadors of the summit.

He along with industries department special chief secretary Karikal Vallavan, industries department director G Srijana, joint collector Satish Viswanathan, and city police commissioner Ch. Srikanth inspected the arrangements for the summit. 

Through the summit, the Andhra Pradesh government aims to showcase the human resource and the state's potential before the global investors and industrialists.

As per reports, around 200 stalls would be set up at the investment summit.

Discussion on various aspects of 13 sectors, including aerospace and defence, agri and food processing, automobile and electric vehicles, electronics and IT, renewable energy, petroleum and petro chemicals, healthcare and medical equipment, industrial and logistics, startups and innovations, tourism and hospitality, pharmaceuticals and life sciences, would also take place. 

The IT minister said that chief minister YS Jagan Mohan Reddy is aiming to bring more industries by developing Visakhapatnam-Chennai, Hyderabad-Bengaluru, and Bengaluru-Chennai corridors. 

The government is also ready to set up a Women's Industrial Park, he said.

The summit will take place at the Andhra University Engineering College grounds.  (KNN Bureau)

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