Amaravati: Andhra Pradesh Energy Minister G Ravi Kumar on Thursday welcomed French financiers and industrialists to buy the state, highlighting its strengths in facilities, connection, and airports throughout a roadshow arranged in Paris ahead of the CII Partnership Summit to be kept in Visakhapatnam on November 14 and 15.
“Andhra Pradesh today stands as the most attractive destination for industries in India…The state offers a long coastline, ensures reliable power supply, provides excellent road and port connectivity, and has world-class airports,” stated Kumar in a main news release.
He stated the state has industry-friendly policies, making it a favored center for worldwide financiers.
Under the Chief Minister N Chandrababu Naidu’s federal government, the state is “transforming into a hub of futuristic infrastructure,” Kumar mentioned, including that the greenfield capital city Amaravati is being established based on international requirements.
The Minister guaranteed complete cooperation to French companies, mentioning that the state federal government would extend total assistance to business purchasing Andhra Pradesh.
Throughout his go to, Kumar likewise held conversations with agents of French energy significant EDF and provided financial investment chances in solar, wind, and hybrid jobs.
He even more highlighted the scope for financial investments in commercial passages, logistics, port-led advancement, and renewable resource.