AP Govt to Host Investment Drive in Bangalore
AP Govt to Host Investment Drive in Bangalore
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Bangalore: In the run-up to its ''Global Investors Summit 2023'' the Andhra Pradesh government would showcase its strengths to attract investors from India and abroad through a series of roadshows across metro cities Bangalore, Karnataka, India.

The Andhra Pradesh government has proposed a roadshow in Bangalore on February 14, 2023, immediately following its successful Global Investors Summit Curtain raiser event held in New Delhi.

The purpose of the roadshow is to give companies and investors a preview of what to expect from the Global Investors Summit, which will take place in Visakhapatnam on March 3–4, 2023. The Global Investors Summit, with the theme "Advantage Andhra Pradesh," will showcase the state's advantages, such as its substantial manufacturing base, strong presence of MSMEs and Start-ups, outstanding infrastructure, business-friendly environment, and its reservoir of talented, skilled young people.

The summit's focus is on vital industries, including IT, manufacturing, pharmaceuticals, automobiles, tourism, and energy. It seeks to interact with investors, business executives, and government representatives. Dignitaries including Shri. Gudivada Amarnath, Hon'ble Minister for Industries & Commerce, Infrastructure & Investment, and Information Technology, and Shri. Buggana Rajendranath, Hon'ble Minister for Finance & Planning, will attend the road show in Bangalore.

Given that this poll is based on a perception survey, the fact that Andhra Pradesh has regularly rated #1 in the Ease of Doing Business (EoDB) category for the past three years is notable. It will experience the greatest double-digit GSDP growth rate in the nation in 2021–22, at 11.43 percent, based on the data that has been made publicly available thus far. 

As India's gateway to the southeast, it also boasts maritime infrastructure. Its 974 km of coastline is the second longest in the nation, and there are 6 active ports and 4 planned ports. It boasts a supportive business climate, rules that are industry-specific, and a proactive administration that runs the state. Only in Andhra Pradesh are three of the nation's eleven industrial corridors being constructed. Inertia Award for Energy 2022, ET Award for Port Led, and Infrastructure Project 2022 are just a few of the awards the state has won.

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