Andhra Pradesh to Announce New Investments in 90 Days: Nara Lokesh at WEF 2026

India
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CNBC TV18•20-01-2026, 16:40
Andhra Pradesh to Announce New Investments in 90 Days: Nara Lokesh at WEF 2026
- •Andhra Pradesh IT Minister Nara Lokesh announced at WEF 2026 in Davos that the state expects new investment announcements within the next 90 days.
- •The state is actively engaging with investors across 22 diverse sectors, including aquaculture, cement, renewable energy, and advanced technologies like quantum computing.
- •Lokesh emphasized that Davos serves as a platform for initiating conversations that later materialize into concrete projects and groundbreakings.
- •Andhra Pradesh is focused on executing existing investment commitments and leveraging policies like the Land Incentive For Tech Hubs (LIFT) to attract Fortune 500 companies.
- •The state aims to build integrated clusters, fostering both vertical and horizontal integration to create comprehensive ecosystems for various industries.
Why It Matters: Andhra Pradesh anticipates significant investment announcements across 22 sectors within 90 days, leveraging WEF discussions.
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