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Revitalising AP

12 1
20.10.2024

Andhra Pradesh is witnessing a significant shift in its business and investment landscape, with the Chandrababu Naidu government actively working to restore investor confidence and attract large-scale investments. After a period marked by investor withdrawals and uncertain policies under the previous administration, the new government is making a concerted effort to rebuild Andhra Pradesh as a top destination for industry and commerce.

The return of a major international investor, which had withdrawn during the previous Jaganmohan Reddy regime due to a dispute over transparency in land allotment, is a notable sign of this shift. This group’s re-engagement with plans for infrastructure projects, including malls and food processing units, reflects renewed confidence in the state’s business climate. It sends a message that Andhra Pradesh is once again open for business and committed to providing a stable and welcoming environment for investors.........

© The Statesman


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