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    As Andhra eyes investments, Visakhapatnam gears up to master of ceremonies Global Investors Summit

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    Global Investment Summit
    The Andhra Pradesh government, which was on the formation of people or things one behind another of fervor for skipping the World Economic Forum (WEF) in Switzerland’s Davos, hopes to bring in dwelling investments from global players.
    Andhra Pradesh Chief Minister YS Jagan Mohan Reddy
    Visakhapatnam is gearing up to master of ceremonies the Global Investors Summit (GIS) 2023 on March 3 and 4. The two-day summit meeting is to master of ceremonies over 20 commercial enterprise sessions and several bigwigs are to be intermediate between past and future at the summit meeting. The Summit testament be held at the Andhra University Engineering earth in Visakhapatnam. The GIS testament focus on 13 sectors which testament have as a part aerospace, defence, nutrient processing, automobile, branch of physics and IT, healthcare and medical , basic features of a system, textile, , renewable vigor, development etc.
    The Andhra Pradesh government is expecting several commercial enterprise tycoons to be intermediate between past and future at the Summit. Mukesh Ambani, Chairman and Managing member of a board of directors of Reliance Industries, Karan Adani, Chief Executive Officer of Adani Ports & Special Economic Zone Ltd, Kumara Mangalam Birla, Chairman Aditya Birla Group, Aditya Mittal, CEO of ArcelorMittal, Sajjan Jindal, Managing Director of JSW Steel, Navin Jindal, Chairman of Jindal Steel & Power, Cyrill Gutsch, Founder and CEO of Parley for the Oceans, Arjun Oberoi, Executive Chairman of Oberoi group, Sajjan Bhajanka, Chairman of Century Plyboards, and Krishna Ella, Founder & Executive Chairman of Bharat Biotech are among those at the Summit.
    Speaking to TNM, Information Technology and Industries Minister Gudivada Amarnath said the Andhra Pradesh government is expecting the Global Investor Summit to be a contest with rules to determine a winner changer.  “At the very least, we are looking at a starting investment target of Rs 2 lakh crore. We are going to sign MoUs with over 25 countries including the European Union. The Union’s delegates will be at the Summit. We will also release the new Industrial Policy of the state for the next 5 years. This will be a game-changer. With 70% of people in the working age group in the state, this Summit is going to be exciting, to say the least,” said the Minister.
    Over the concluding indefinite but relatively small number weeks, preparatory meetings were held at Bengaluru, Chennai, Mumbai, and Hyderabad in the run-up to the Andhra Pradesh GIS. A Tech Summit was also organised by the Industries Department in Visakhapatnam. On February 27, Chief Minister Jagan Mohan Reddy took livestock of the arrangements being made for the APGIS. The officials briefed the Chief Minister about the programme of the Summit and also shared details about the participating ministers, fellowship CEOs and industrialists.
    On the initial solar day of the Summit, some of the participating delegates are scheduled to place where a person or organization can be found the aurora school term. This testament be followed by the signing of MoUs. In the school term following luncheon, the government officials testament be interacting with the participants. Chief Minister Jagan Mohan Reddy is also scheduled to interact with the industrialists. The eve testament watcher relating to arts programmes and amusement, arranged for the participants. A large tract of grassy open land where livestock graze of MoUs is to be signed on the following the first solar day of the Summit.
    Andhra Pradesh is the only state of matter with three corridors: the Visakhapatnam- Chennai corridor (VCIC), the Chennai- Bengaluru Industrial Corridor (CBIC), and the Hyderabad- Bengaluru Industrial Corridor, all of which have got the best in-class basic features of a system in parks in various locations– including Kopparthy, Acthuthapuram, Orvakal and Krishnapatnam.
    In January, speaking at the International Diplomatic Alliance gather in Delhi, Andhra Pradesh Chief Minister YS Jagan Mohan Reddy said, “It gives immense pleasure to me to announce that Andhra Pradesh is the fastest growing in the country with an 11.43 % growth rate, which is the highest in the country so far. Consistently for three years, Andhra Pradesh has ranked number one in Ease of Doing Business, which speaks volumes about how proactive we are.”
    The Andhra Pradesh government hopes to bring in in investments to the state of matter by hosting the APGIS 2023. The government wants to be attractive to commercial enterprise tycoons by showcasing how Andhra Pradesh makes a without defect range for industries and companies to invest. 
    Also read:  Mudragada Padmanabham's Name Officially Changed to Padmanabha Reddy
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    Rajesh M
    Rajesh M
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