Vijayawada: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy unveiled the logo for Global Investors’ Summit 2023 at Vizag on Tuesday at his camp office Tadepalli. The Ministers for IT and Industries Gudivada Amarnath told the reporters that the Government is organizing the Global Investors’ Summit 2023 on March 3^rd and 4^th, 2023 at Visakhapatnam.

The Government will conduct road shows to promote the Summit in major cities of India as well as in other countries like the USA, UK, Germany, Israel, Taiwan and South Korea, he said. On the Chief Minister’s directions, measures are being taken to use the event as a platform to attract investments for focused areas in sectors like agriculture and food processing, marine products, aerospace and defence, automotive and electric mobility, education and skill development, tourism and hospitality, health sector, infrastructure, maritime and logistics among others, Amarnath explained.

He added that as normalcy has been restored, State Governments have begun to conduct investor summits. Recently, Karnataka Government organized an investors’ meet in Bengaluru, while Odisha, Punjab and Uttar Pradesh, too, will be organizing them.

YS Jagan has been encouraging MSMEs so that more jobs can be made available for the youth in the State. The newly-established Apache Footwear in Tirupati will create 10,000 employment opportunities, he said. Andhra Pradesh is a role model in renewable energy and green hydrogen.

Investors will be explained about the benefits of the State’s long coastline and port-based economy. With 10 ports and nine fishing harbours, the Government is making every effort to develop Andhra Pradesh as a gateway to India on the East Coast, he asserted.