Overview
- Nara Lokesh met senior executives from Visa Steel, Emami and Shree Cement in Kolkata on Friday as part of a coordinated investor outreach to solicit manufacturing and industrial projects.
- He spoke at an Indian Chamber of Commerce session in Kolkata and framed Andhra Pradesh’s offer around its long coastline, existing and new seaports, improved logistics, land and power availability, and policy stability.
- Lokesh told investors that construction has begun on an ArcelorMittal Nippon Steel integrated plant near Anakapalli and presented that project as an anchor for a wider steel hub in the state.
- He made targeted requests to firms during separate meetings, asking ITC to expand crop value chains and model-village work, Vikram Solar to grow PowerHive storage and an integrated solar hub, and chemicals and metals firms to invest in advanced-materials and electronics-cluster units.
- The outreach advances Chief Minister N. Chandrababu Naidu’s plan to boost private investment and fast-track reforms to reach a $2.4 trillion state economy by 2047 while the government continues to seek concrete investment commitments.