Chandrababu Naidu Urges Industrialists to Invest Boldly in Andhra Pradesh

IO_AdminAfrica1 week ago10 Views

### Quick Summary
– Andhra Pradesh Chief minister N. Chandrababu Naidu urged industrialists to invest in the State without fear of attrition or political interference.
– Speaking at Paramasamudram near Kuppam, he assured investors a supportive and buisness-kind environment under the NDA government.
– The Chief Minister criticized the previous YSR Congress Party (YSRCP) administration, citing industrial hesitation and withdrawal during 2019-24.
– Six MoUs worth ₹2,000 crore were signed in his presence, projecting creation of 18,000 jobs initially:
– AGS-ITC: Waste-to-wealth program for 15 years.
– SheLeads Foundation: Training for 10,000 women entrepreneurs.
– Kings Wood Decor Pvt. Ltd.: ₹1,100 crore MDF board unit with planned creation of over 2,012 jobs.
– Pioneer Clean Amps Ltd.: ₹150 crore two-seater training aircraft unit project.
– Etreal Exploration Guild: ₹500 crore rocket manufacturing facility investment from Bengaluru-based company.
– red Berry Food Logistics: agritech and food processing hub worth ₹300 crores targeting creation of over 15,000 jobs.
– Chandrababu Naidu emphasized integrating agriculture with industry and entrepreneurship as key growth goals.

### Indian Opinion Analysis
The initiatives unveiled by Chief Minister N. Chandrababu Naidu mark an ambitious strategy to bolster economic activity in Andhra Pradesh by welcoming investment across diverse sectors such as aerospace manufacturing and agritech processing hubs. By successfully signing multiple MoUs valued at ₹2,000 crores alongside tangible job projections exceeding thousands across industries ranging from waste management to gender-focused entrepreneurship programs like SheLeads Foundation-the State’s policy intention signals optimism toward balanced rural transformation especially prioritizing regional-local implications around long-term benefit pathways interconnected nearby plans transformative job pipelines whilst Multi-National collaborations deployments right shaping-promises interconnected Anchor-MoU ‘industrial-growth-driving-model’ theme.
[Read more](https://www.thehindu.com/theme/images/th-online/1x1_spacer.png).

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