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Industrial Development & Investment By TDP Government
Posted: Jan 21, 2023
Investments & Industrial Development are one of the major sources of economy for any state government to improve the revenue and employment in the state. As Andhra Pradesh is a newly emerging state in the year 2014, The then chief minister Shri. Nara Chandrababu Naidu with his vision and vast experience took up the challenge of bringing economic stability to the newly formed state with large investments from Globally recognized organisations.
N. Chandrababu Naidu with his prior experience as the longest-served Chief Minister of united Andhra Pradesh had brought many investors to the state with inflows of more than 14,000 crores with new industrial developments. For a more elaborate view of the industrial development and the Latest TDP News visit the official website.
The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has given 423 units access to 1,734 acres of land up to December 31, 2021, per the reports according to the most recent government statistics, 37,349 people might be employed by these businesses, and an investment of 7,445 crores has been proposed in the state and the Honourable former chief minister of Andhra Pradesh Nara Chandrababu Naidu and his government deserves all the credit for these investments and job opportunities they created for the welfare of the public and in development of Andhra Pradesh. Through the TDP latest news you can cover the latest news at our official website.
The former Chief Minister of Andhra Pradesh Shri. Nara Chandrababu Naidu constantly promoted the Investment and Industrial development of the state and made Andhra Pradesh ranking first in the country for the Ease of doing business during his tenure as Chief Minister of Andhra Pradesh from 2014-2019 with his policies and partnerships with Global Companies from around the world. This is said to be one of the Top TDP Achievements.
Many Global investors and MNC including Google, Kia Motors, Xiaomi, Foxconn, HCL, Hero Motors Corp, Wipro, and Tech Mahindra have made large investments and set up their Companies, industries and manufacturing plants all around Andhra Pradesh. Installation of IOT-enabled LED streetlights, a paperless E-Cabinet, low-cost solar energy, and thousands of CCTV cameras for surveillance across the state are few of the reforms and TDP Contributions made under the leadership of the then chief minister of Andhra Pradesh N. Chandrababu Naidu.
N. Chandrababu Naidu said that he will focus primarily on port-based economic expansion engines by harnessing the long coastline, to make Andhra Pradesh the most popular destination in the country after achieving the title of second-best business-friendly state in India with the best economic practices for drawing investments to Andhra Pradesh to built its Greenfield capital city.
By selecting the Top TDP Leaders and best officials for the departments that are crucial for attracting significant investments into the state. Apart from the online clearances through single desk mechanisms, the officials did a great job of promoting, clearing, and supporting potential investors online with thorough information. To assist the state in identifying crucial resources, they also created the Economic Development Board and selected specialised nodal officers for each industry segment.
Thus the former chief minister of AP Shri. Nara Chandrababu Naidu contributed greatly to the development of Andhra Pradesh by bringing many global investors to the state for the economic growth and welfare of the people.
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