Andhra Pradesh is positioned as an attractive destination for investment, boasting investor-friendly policies, an extensive coastline, and strong road, water, and air connectivity. This assessment comes from Nara Lokesh, the Minister for Education, IT, and Electronics, during a meeting with representatives from the US-India Business Council and Indiaspora.

Minister Lokesh highlighted the rapid developmental strides made under Chief Minister Chandrababu Naidu’s leadership, stating that Andhra Pradesh is on track to become a major hub for startups and manufacturing. He emphasized that the state is cultivating an ecosystem that supports industrial growth, with a revitalized Economic Development Board aimed at facilitating swift approval processes for new ventures.

During the meeting, Minister Lokesh extended an invitation to potential investors, underscoring the state’s business-friendly environment.

Attendees included Indiaspora founder Rangaswami and senior members of the US-India Business Council, such as Kavita Mariyappan from Zscaler, Shiva Shivram, CEO of QuantumScape, Ramakant Alapati from ULD Engineering Systems, Sohil Chawla, founder and CEO of T Second, Anya Manuel, principal at Rice Hadley Gates & Manuel LLC, and Riya Shima, Global Business Head at JetSynthesys.