India

Andhra Pradesh Pursues Major Investments From Adani Group & Adobe

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.”

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.

Also Read: Delhi High Court Grants Bail To Aides Of AAP Leader Satyendar Jain

Mankrit Kaur

Recent Posts

Prime Minister Modi Commemorates Sardar Patel’s Legacy On National Unity Day

On Thursday, PM Narendra Modi celebrated the birth anniversary of Sardar Vallabhbhai Patel at the…

40 mins ago

Leaders Extend Heartfelt Diwali Wishes; Emphasizes Prosperity, Unity, & Compassion

As millions prepared for Diwali, leaders like President Murmu and Prime Minister Modi shared wishes…

1 hour ago

BJP’s Bhuvnesh Singhal Celebrates Deepawali With Sweet Gesture In Bhajanpura

On the occasion of Panch Parvatsav Deepawali, Bhuvnesh Singhal, the President of BJP Bhajanpura Mandal,…

13 hours ago

Delhi High Court Grants Interim Relief To JNU Students Suspended Over Freshers Party Incident

Justice Purushendra Kumar Kaurav emphasized that the university suspended the students without conducting a hearing.…

15 hours ago

Delhi Court Acquits Three Women In Drug Case Due To Lack Of Evidence

Judge Gaba highlighted flaws in the investigation, including the absence of an independent witness during…

15 hours ago

India’s Fiscal Deficit Hits 29.4% Of FY25 Target Amid Moderate Revenue Growth

Despite a 15% YoY decline in H1 FY25 capex, capital expenditure in Q2 FY25 showed…

15 hours ago