In U.S., Industries Minister Bharath pitches Andhra Pradesh as preferred destination for investors
Industries and Commerce Minister T.G. Bharath is on a tour of the United States meeting industrialists and entrepreneurs to attract investments to the State, highlighting
Industries and Commerce Minister T.G. Bharath is on a tour of the United States meeting industrialists and entrepreneurs to attract investments to the State, highlighting the opportunities available and assuring investors of full cooperation. The Minister met representatives of Essar Capital in New York and discussed investment opportunities across various sectors. Informing them that Andhra Pradesh has attracted 25% of the total investments flowing into the country, he said, guided by Chief Minister N.
Chandrababu Naidu’s vision, they are striving to develop the State into a global leader, and requested them to partner in the State’s development. The Minister also held discussions with representatives of Southern Roots. “I am delighted that Southern Roots will soon establish a state-of-the-art pecan shelling and food processing unit in Andhra Pradesh. This project marks the beginning of a larger vision to develop a dedicated pecan processing and value-addition cluster in India,” Mr. Bharath said in a post on social media platform.
Under the visionary leadership of Mr. Naidu, Andhra Pradesh was rapidly emerging as a preferred destination for food processing and agri-based industries, he said. The establishment of the pecan unit was expected
to catalyse the growth of an entire ecosystem by attracting ancillary industries, strengthening the supply chain, creating large-scale employment, boosting exports, and generating greater value for farmers and local entrepreneurs, he said.
The BriefWire