AP minister Nara Lokesh courts investors in Kolkata

Lokesh said the state has moved from “Ease of Doing Business” to “Speed of Doing Business,” ensuring faster approvals, transparent governance and investor-friendly policies

Metro India News | AMARAVATI

Andhra Pradesh Minister for Education, IT and Electronics Nara Lokesh stepped up the state’s investment outreach during his Kolkata visit, meeting leading industrialists and addressing the Indian Chamber of Commerce (ICC) Plenary. He presented Andhra Pradesh as a premier investment destination, highlighting its development model based on “Speed, Stability and Service.”

Lokesh said the state has moved from “Ease of Doing Business” to “Speed of Doing Business,” ensuring faster approvals, transparent governance and investor-friendly policies. He noted that Andhra Pradesh has already secured investment commitments worth Rs 24 lakh crore and aims to build a $2.4 trillion economy by 2047 under the Swarna Andhra Vision.

Citing projects such as the ArcelorMittal Nippon Steel plant, Google investments, Bhogapuram International Airport and Amaravati’s development, he underscored the state’s growth momentum.

In meetings with representatives of Visa Steel, Emami Group, Shree Cement, ITC, Shyam Metalics, Vikram Solar and others, Lokesh invited investments in EV-grade aluminium, steel manufacturing, renewable energy, advanced materials and skill development.

He also sought collaboration with ITC in agriculture and rural development initiatives and encouraged investments in battery and EV-related manufacturing. Emphasizing Andhra Pradesh’s strategic location, ports, industrial corridors and stable policies, Lokesh assured investors of full government support from project conception to execution.