“For Any Industrial Problems, We Are One Call Away”: CM Jagan Ahead Of AP GIS 2023

Andhra Pradesh Chief Minister Y. S. Jagan Mohan Reddy said that his government being “one phone call away” is the reason AP is ranked number one for ease of doing business. 

The CM made the statement ahead of Andhra Pradesh Global Investment Summit (GIS), which is being held in Vishakhapatnam on March 3 and 4, 2023. During this summit, prominent industrialists from India and around the world are set to announce their investment plans in the state. 

The national and international industry leaders and delegates participating in the event are likely to announce investments worth trillion of rupees. Before the summit, the Chief Minister YS Jagan Mohan Reddy expressed his contentment with the state's tireless efforts to ensure that the summit is a remarkable achievement and attracts global industry leaders. 

“It is a significant accomplishment that investors of the calibre of Birlas, Bangars, Adanis, and Bhajankas are now planning to invest in Andhra Pradesh, as their inauguration of plants in the state is a testament to the fact that AP has earned their trust,” he said. 

The Chief Minister also stated that the state offers strong governance, besides political stability to the investors, “Here I am to invite you to Visakhapatnam which will be our capital in the days to come,” he added. 

The state government has identified 13 focus sectors that offer unparalleled opportunities in Andhra Pradesh. The summit is projecting Andhra Pradesh as India’s gateway to the southeast with its 974 km long coastline, the second longest in the country with 6 existing ports, and 4 upcoming ports. Out of the eleven industrial corridors being developed by the Centre across the country, AP shares space for three of them - Hyderabad to Bangalore, Visakhapatnam to Chennai, and Chennai to Bangalore.

At Visakhapatnam, the senior union ministers will be addressing the summit on day one led by Shri Nitin Gadkari, Union Minister of Road, Transport & Highways, Govt. of India and Piyush Goyal, Union Minister of Commerce & Industry; Consumer Affairs, Food & Public Distribution and Textiles, Govt. of India; R.K. Singh, Union Minister of Power and New & Renewable Energy, Govt. of India, and G. Kishan Reddy, Union Minister of Culture; Tourism and Development of North Eastern Region, Govt. of India will also highlight the progress made and investment opportunities present in different sectors.

In order to ensure the presence of industry leaders from across the globe in the GIS, the Chief Minister Jagan Mohan Reddy, and the senior ministers have attended a number of investors meets over the last few weeks. In Mumbai, senior state ministers interacted with over 200 top-notch industrialists earlier this week. Similar gatherings were held in Delhi, Bengaluru, Chennai, and Hyderabad as well.

On the invitation of the CM, leading industrialists are coming to Visakhapatnam to participate in the Global Investment Summit. Mukesh Ambani, Chairman & Managing Director, Reliance Industries Ltd; Gautam Adani, Chairman, Adani Group; K.M. Birla, Chairman, Aditya Birla Group; Hari Mohan Bangur, Chairman, Shree Cement Ltd; Sajjan Jindal, Chairman, JSW Group; Sanjiv Bajaj, Managing Director & CEO, Bajaj Finserv; and Naveen Jindal, Chairman, Jindal Steel & Power Ltd will be addressing the inaugural session of the summit.