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Business
Andhra Pradesh Minister Lokesh Calls on Gujarat Companies to Join State Development Drive
✍️ newindianexpress.com
🗓 26 Sep 2026, 05:01 PM
👁 12
Minister Lokesh urged firms from Gujarat to collaborate with Andhra Pradesh on upcoming infrastructure and industrial projects, aiming to attract fresh investment and generate employment.
Andhra Pradesh's development minister, Lokesh, announced an invitation to business houses from Gujarat to participate in the state's ongoing growth initiatives. The appeal was made during a recent press briefing where Lokesh highlighted the need for diversified investment to accelerate infrastructure projects, including roads, ports and renewable energy facilities.
He emphasized that Gujarat's industrial expertise and capital could complement Andhra Pradesh's strategic location and policy incentives, creating a win‑win scenario for both regions. The minister also outlined that the state government is ready to offer streamlined clearances and fiscal benefits to interested firms.
The outreach aligns with Andhra Pradesh's broader agenda to position itself as a hub for manufacturing and clean energy, targeting an increase in private sector participation over the next fiscal year. No specific companies have confirmed participation yet, but the invitation signals a proactive push to broaden the investment base.
Lokesh concluded by urging Gujarat entrepreneurs to engage with the state's investment promotion agencies to explore concrete project proposals, underscoring the potential for job creation and economic upliftment across both states.
He emphasized that Gujarat's industrial expertise and capital could complement Andhra Pradesh's strategic location and policy incentives, creating a win‑win scenario for both regions. The minister also outlined that the state government is ready to offer streamlined clearances and fiscal benefits to interested firms.
The outreach aligns with Andhra Pradesh's broader agenda to position itself as a hub for manufacturing and clean energy, targeting an increase in private sector participation over the next fiscal year. No specific companies have confirmed participation yet, but the invitation signals a proactive push to broaden the investment base.
Lokesh concluded by urging Gujarat entrepreneurs to engage with the state's investment promotion agencies to explore concrete project proposals, underscoring the potential for job creation and economic upliftment across both states.