Focus is on strengthening export ecosystem in Andhra Pradesh, says APNRTS president Ravi Kumar
The Andhra Pradesh Non-Resident Telugu Society is focusing on boosting the state's export ecosystem by training diaspora members in international trade. They are also proposing an investment fund to encourage NRIs to invest in local infrastructure and growth projects.
Why it matters
This initiative aims to bridge the gap between the Andhra Pradesh diaspora and the state's economy to improve trade performance and infrastructure development.
The Andhra Pradesh Non-Resident Telugu Society (APNRTS), which has around 2.1 lakh members across 148 countries and nearly 900 coordinators worldwide, is working on a range of welfare, legal assistance, emergency support and economic empowerment initiatives.
“Our focus at the moment is on stengthening export ecosystem in Andhra Pradesh,” said president of APNRTS Vemuru Ravi Kumar, explaining that while the society facilitates investments by NRIs wanting to establish businesses or bring companies to the State, its immediate focus is on creating economic opportunities for the diaspora and connecting them with Andhra Pradesh.
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