In a bid to attract significant investments to the region, Andhra Pradesh Chief Minister N Chandrababu Naidu engaged with a high-profile delegation from the Adani Group, led by Managing Directors Rajesh Adani and Karan Adani.
The meeting focused on exploring various investment prospects that could foster economic growth across the state.
Adani Group Explores Investment Potential In Andhra Pradesh: N Chandrababu Naidu
Taking to X, Naidu posted, “Met with a delegation from the Adani Group led by the MD of Adani Exports Ltd., Mr Rajesh Adani, and the MD of Adani Ports and SEZ Ltd., Mr @AdaniKaran, to discuss a range of investment opportunities in Andhra Pradesh. Their presentation covered projects with the potential to drive comprehensive growth across the state in key sectors such as ports, mining, ring road, IT, tourism, and AI. They also expressed their commitment to rebuilding Amaravati, as well as our vision for SwarnaAndhra Pradesh.”
Met with a delegation from the Adani Group led by the MD of Adani Exports Ltd., Mr Rajesh Adani, and the MD of Adani Ports and SEZ Ltd., Mr @AdaniKaran, to discuss a range of investment opportunities in Andhra Pradesh. Their presentation covered projects with the potential to…
— N Chandrababu Naidu (@ncbn) October 28, 2024
Additionally, Nara Lokesh, the state’s Minister for Information Technology and Electronics, is currently on a mission in the United States to promote Andhra Pradesh as an attractive investment destination.
During his visit, he met with Adobe CEO Santanu Narayen in San Francisco, advocating for the establishment of Adobe’s research and development wing in the state.
Lokesh emphasized the state’s commitment to smart governance and AI-driven solutions, seeking Adobe’s collaboration to enhance digital technology skills among the local youth.
During the meeting, Lokesh asserted, “The State Government, with the vision of the Chief Minister, Mr Chandrababu Naidu, is adopting investor-friendly policy and the State is the right place for investments.”
Narayen acknowledged Adobe’s leadership in digital media and cloud-based services, noting the company’s efforts to make tools like Photoshop and Acrobat more accessible.
He shared insights about Adobe’s strong market presence, boasting a valuation of Rs 17.95 lakh crore globally.
Impressed by Adobe’s achievements, Lokesh asserted that the company’s vision aligns perfectly with Andhra Pradesh’s digital transformation goals.
Meanwhile, Narayen assured Lokesh that a decision regarding potential investments in the state would be made soon following consultations with Adobe’s partners.
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