Latest News | Andhra Minister Requests US Diplomat's Support to Attract Investments to State

Vijayawada, Jul 31 (PTI) Andhra Pradesh Industries Minister TG Bharat on Wednesday called on US Consul General in Hyderabad, Jennifer Larson, here and requested her support in attracting companies to the state.

Bharat elaborated on the opportunities available in the state to Larson and promised that Andhra Pradesh will facilitate investors in all ways.

Also Read | 8th Pay Commission: How Much Salary Hike Can Central Government Employees Expect? Check Details Here.

As several Telugu people are working in the US, the minister requested the diplomat to help encourage them to expand their companies in the state, said an official statement.

The Consul General responded favourably.

Also Read | Shillong Teer Results Today, July 31 2024: Check Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai.

Earlier, Bharat observed that a business-friendly industrial policy will be brought forward by the state in the next 100 days to rope in investments and facilitate employment.

Addressing a press conference at the Secretariat, he said the draft policies on industries, MSMEs, food processing and industrial clusters will be readied in the next 15 days.

Aimed at avoiding hiccups to investors, Bharat said all approvals will be issued through a single window system.

Considering the financial condition of the state, he said public private partnership (PPP) model will be utilised in the state while Chief Minister N Chandrababu Naidu will decide on the place of establishment of the BPCL investment worth over Rs 75,000 crore, among others.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)