Andhra Pradesh sources have stated that AP, which is conducting a 3 day CII Partnership Summit in Vizag city, has invited investments in automobile sector with special incentives to solar and e-vehicles manufacturing in state. CM Chandrababu Naidu said 'We are sure that promotion of green energy will also benefit the tourism in state and asked GoI to set up an Energy Saving Department'.
Meanwhile the AP Minister for IT, Nara Lokesh said that state government is majorly focused on 'skill up' and said- 'we are the first state in India to create an institute for digital technologies which is focused on next generation. Also, we're the first state to have a cyber warfare centre where students can hack into each other's systems and creative an environment where they can learn and collaborate together.'
Presently the young Minister is hopeful of making AP a platform for young
innovators and entrepreneurs across the globe. Accordingly CII Summit,
participated by delegations from more than 50 countries, is extensively aimed
to attract new investments for the state. Moreover recently Reliance group has
signed a MoU to invest 52,000 Cr in state. Sources have stated that the Mukesh
Ambani led group will invest 37,000 Cr in oil and gas venture and another
15,000 Cr in an electronics production plant in Tirupati.