Govt policies insured consistent flow of investments into Andhra Pradesh: Industries Minister Amarnath

Amaravati, May 31 (KNN) The Andhra Pradesh industries minister Gudivada Amarnath on Tuesday said that the state has emerged as an ideal investment destination and this has been possible due to the government policies.

Speaking at a roundtable organised by Confederation of Indian Industry (CII), Amarnath said that the dynamic industrial policies of the government ensured a consistent flow of investments into Andhra Pradesh.

“Under the dynamic leadership of Chief Minister Y.S. Jagan Mohan Reddy, the State emerged as an ideal destination as we are aiming to create an inclusive and balanced regional development, promote startup culture and ensure skill development,” he said. 

The minister, during his maiden visit to the buzzing industrial city, inaugurated the newly commissioned production units of RSB Transmission and Adela Electricals.

Deputy Chief Minister K. Narayanaswamy, MLAs K. Adimoolam (Satyavedu) and K. Sanjeevaiah (Sullurpeta), APIIC vice-chairman and MD Praveen Kumar, advisor to Government Lanka Sridhar and others attended the inauguration of the production units.

The Industries minister on Tuesday also launched the report titled Socio economic impact of Sri City industrial park on the neighbouring rural region, conducted by Sri Padmavati Mahila Viswa Vidyalayam (SPMVV), and a case study by rural media titled Skill development and placement initiatives, and Sri City’s impetus.  (KNN Bureau)