Entrepreneurs who have invested in opportunities in Andhra Pradesh are proof: Finance, Assembly Affairs, Planning, Commercial Taxes, Skill Development and Training Minister Buggana Rajendranath
Amaravati, February, 17; Finance Minister Buggana Rajendranath revealed that the entrepreneurs who have invested there are proof of the opportunities in Andhra Pradesh. He clarified that there is nothing new to explain than their experience. The Minister invited the industrialists including Tamil Nadu to attend the investors’ conference which will be organized by the state government in Visakhapatnam on 3rd and 4th of next month. Speaking at the road show held in Chennai on Friday, Minister Buggana Rajendranath said that the relationship of Telugu people with Tamil Nadu is not what it is today. The entire minister’s family shared a deep connection with Chennai in terms of education and commerce. He said that the divided Andhra Pradesh has more ties with Tamil Nadu than the united Andhra Pradesh. T. Nagar said that his grandfather (father of the seller) was a famous film director and producer in Chennai. Apart from the borders between Tamil Nadu and Andhra Pradesh, the geography, culture and customs are almost the same, so it does not feel like a new place.
Minister Buggana Rajendranath disclosed that as seen in history, businessmen always turn towards adventures in new places. This situation is more evident in the fields of trade, business and industry. He said that the areas with natural resources have achieved industrial growth. America is an example of that. He said that all the cities that were famous a hundred years ago have now gained importance in terms of development. He said that there are obstacles to development beyond a certain level. He cited the increased traffic in the cities of Bangalore and Chennai. It can be noticed that the roads that were once freely walked in the days of study have now become difficult to travel. He said that in some cities it is difficult to provide basic facilities like land, electricity and water for the establishment of industries. He said that there is no such problem in Andhra Pradesh, there is no shortage of cheap and free trade opportunities and huge resources. He said that 50,000 acres of industrial land being connected with ports and airports will be available for industrialists in AP.
Minister Buggana stated that Visakhapatnam will become an address for IT, Pharma, Industrial and Manufacturing sector. Visakha said that with all the existing facilities, the people of all the states of India are there. He said that Andhra Pradesh is becoming the fastest growing state in the country with a growth rate of 11.43. The minister clarified that the Bhogapuram airport construction work will start soon with a cost of Rs 2500 crore. Visakha, Rajahmundry, Vijayawada, Kadapa, Kurnool and Tirupati already have airports with all facilities. He said that AP has everything needed for setting up industries in the manufacturing sector. He said that the Andhra Pradesh government under the leadership of Chief Minister YS Jagan Mohan Reddy has paid special attention to the construction of Ramayapatnam, Machilipatnam, Bavanapadu and Kakinada ports, 5 multi-modal logistic parks, cheap transportation and all facilities with inland waterways. Andhra Pradesh is making its mark in renewable energy. He said that the government is working to establish 176 skill colleges, 26 skill colleges and centers of excellence. He said that Telugu people will mingle with the locals like milk and AP is the only state that has opportunities for investment in all sectors.
MSME Corporation Chairman Vanka Rabindranath Reddy, Industries Department Special Principal Secretary Karikala Valavan, IT and Electronics Department Principal Secretary Saurabh Gaur, Handloom and Textiles Department Principal Secretary K. Sunitha, IT and Electronics Department Special Secretary Sundar, Industries Department Director G. Srujana, Sricity MD Ravindra Sanna Reddy, former Tamil Nadu CII Chairman Swaminathan, AP Maritime Board Deputy CEO Ravindranath Reddy and others were present.