Vishakhapatnam will soon become the AP capital: YS Jagan

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Vijayawada: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Tuesday announced that Vishakhapatnam will soon become the State capital. He also said that he will be shifting there in a couple of months to come.

He made this announcement at the International Diplomatic Alliance Meet and Curtain Raiser for Andhra Pradesh Global Investors Summit 2023 organized in New Delhi.

In his address in the summit he said that here I am to invite you all to Visakhapatnam, which is going to be our capital in days to come and I myself would be shifting to Visakhapatnam in months to come as well.  He invited the diplomats and industrialists to participate in Global Investors Summit in Vishakhapatnam on March 3rd and 4th.

Jagan’s announcement comes on the day when the Supreme Court is scheduled to continue hearing the petitions challenging the High Court’s verdict on Amaravati as the capital of Andhra Pradesh.

YS Jagan highlighted the advantages of Andhra Pradesh, which he described as the fastest-growing state in the country with 11.43 per cent GSDP. Andhra Pradesh for the last three consecutive years is being rated as the number one in the country with regards to ease of doing business from industrialists’ perspective, he said.

He pointing out the 974 km long coastline, Jagan said they have six ports with four more to come and six airports in the State. He also added that three of the 11 industrial corridors in the country are being developed in Andhra Pradesh and highlighted the connectivity offered by the State to the Industrial community.

CM Jagan said that the State has a treasure house of 48 minerals suitable for various mineral-specific industries. Most importantly, we have a single desk portal, where all the approvals are deemed given within 21 days. This is the testimony as to how swift and fast we are, he explained.

AP has four electronic clusters, two toy clusters, two food processing clusters 10 textile park clusters, two cement clusters, one medical device manufacturing cluster, two pharma clusters ad four automobile clusters along with plug-and-play modules, he said . He urged the diplomats and industrialists to put a strong word about the AP and invite them to see for themselves how easy it is to do business in Andhra Pradesh.

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