Andhra Pradesh: 'Just one WhatsApp message away' for investors, says Nara Lokesh at WEF
Business
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CNBC TV18•20-01-2026, 16:25
Andhra Pradesh: 'Just one WhatsApp message away' for investors, says Nara Lokesh at WEF
- •Andhra Pradesh IT Minister Nara Lokesh urged investors at the World Economic Forum (WEF) Summit to consider the state for investment, emphasizing ease of doing business.
- •Lokesh highlighted India's appeal as an investment hub and encouraged global players to look at Andhra Pradesh, promising not to disappoint them.
- •The state government plans to improve business speed, decriminalize laws, and implement labor reforms to gain a competitive advantage.
- •Andhra Pradesh has attracted 25.3% of India's total investments and expects significant announcements across 22 clusters, including aqua, cement, and renewable energy, within 90 days.
- •The state is focusing on developing specialized clusters like a glass city, space city, and drone city, with India's 153-cubic quantum computer arriving this month.
Why It Matters: Andhra Pradesh is actively seeking global investments, promising ease of business and significant growth opportunities.
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