AP targets Rs.2 lakh crore investment from GIS 2023
Gudivada Amarnath said that steps would be taken to ensure the investments announced would get translated into reality
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NewsTAP Bureau- Updated On:1 March 2023 3:26 PM GMT
VISAKHAPATNAM: Minister for Industries and IT of Government of Andhra Pradesh Gudivada Amarnath has sad that the State Government is targeting to attract an investment of Rs. 2 lakh crore through the Global Investors Summit (GIS) 2023.
He told media on Wednesday that the Government was not trying to do any jugglery of numbers, but was planning to attract the investments in a realistic manner. Gudivada Amarnath said that steps would be taken to ensure the investments announced would get translated into reality. “We want to be realistic with the investments,” he asserted.
Chief Minister YS Jaganmohan Reddy would inaugurate the GIS 2023 at 10 am on March 3, Friday. The guest list of the event is also interesting. Union Ministers Nitin Gadkari, Piyush Goyal, Rajeev Chandrasekhar and G Kishen Reddy would participate in the inaugural event.
The special guests formed part of who’s who of Indian industry. Beginning with Mukesh Ambani (Chairman & Managing Director of Reliance Industries Ltd), Kumara Mangalam Birla (Chairman, Aditya Birla Group), Karan Adani (CEO, Adani Ports & SEZ Ltd), Sanjiv Bajaj (President of CII & CMD of Bajaj Finserv), Sajjan Jindal (Chairman, JSW Group), Naveen Jindal (Chairman, Jindal Steel & Power Ltd), G M Rao (Chairman, GMR Group), Krishna M Ella (Executive Chairman, Bharat Biotech International Ltd), Puneet Dalmia (Managing Director, Dalmia Bharat Group), Arjun Oberoi (Executive Chairman, Oberoi Group), Sumant Sinha (CMD, Renew Power), BVR Mohan Reddy (Founder Chairman, Cyient), Sajjan Bhajanka (Chairman, Century Plywoods), Hari Mohan Bangur (Chairman, Shree Cements Ltd), N Srinivasan (VC & MD, The India Cements Ltd), and Preetha Reddy (Vice-Chairperson, Apollo Hospitals).
Important foreign guests include Cyrill Gutch (founder & CEO of Parley for the Oceans) and Martin Eberhard (Co-founder & former CEO of Tesla Inc.)
The Industries Minister said that some more foreign companies were also expected. The two-day sessions would lay emphasis on different focus areas shortlisted by the State Government.
