Jagan Announces AP Capital, To Sign 13 Lakh Cr Investments!

Article by Vamsi T Published on: 11:42 am, 3 March 2023

AP CM YS Jagan has made a key announcement at the Global Investors Summit on the capital. “Vizag is going to be the Executive Capital of the state and very soon the administration will run from Vizag,” announced CM Jagan.

On investments, CM Jagan stated that 13 lakh crore investments have arrived and this investment would provide employment opportunities to six lakh people. “AP government is just a phone call away, we are here for industrialists and will extend all help possible. AP is a leading state driving the growth story of India. AP GSDP growth rate of 11.2 percent in 2021-22 which is the highest in India. We have received 340 investment proposals worth Rs 13 lakh crore providing employment to 6 lakh people across 20 sectors,” highlighted CM Jagan.

“We are going to invest 10 GW in Renewable Solar Energy in AP. We will continue to invest in AP,” said Reliance industries chairman Mukesh Ambani.

Preeta Reddy, Apollo Hospitals representative announced 500 crores for Research and Innovation in healthcare in Andhra Pradesh.

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