Andhra Pradesh aims to boost investment and infrastructure under Nara Lokesh's leadership at Davos
Andhra Pradesh is focusing on improving its business environment under Nara Lokesh's leadership. The state aims to attract investment and enhance infrastructure, positioning itself as a hub for technology, manufacturing, and agriculture after a turbulent political period from 2019 to 2024. At the World Economic Forum in Davos, Lokesh highlighted the state's renewed commitment to business, showcasing ongoing projects and attracting major companies like NTPC and ArcelorMittal. He emphasized the state's competitive edge in the speed of doing business compared to neighboring states. The government is also prioritizing skill development and agricultural diversification. Plans include a new industrial corridor and significant investments in irrigation and cash crops, aiming to transform the local economy and support farmers.