Lokesh woos investments in clean energy, manufacturing and data centres
Andhra Pradesh HRD and IT Minister Nara Lokesh met with executives from major industrial groups in Ahmedabad to attract investments in clean energy, manufacturing, and data centers for the state. He invited companies like Torrent Group, Welspun World, Gokul Agro Resources, and Chiripal Group to establish various projects, including renewable energy facilities, industrial parks, and refineries, across different regions of Andhra Pradesh.
Why it matters
This article highlights a state government's proactive efforts to attract foreign and domestic investment, which is crucial for economic growth, job creation, and industrial development in Andhra Pradesh.
HRD and IT Minister Nara Lokesh held a series of meetings with senior executives of leading industrial groups in Ahmedabad on Friday and invited them to set up manufacturing, clean-energy, data centre and infrastructure projects in Andhra Pradesh.
Mr. Lokesh met Torrent Group chairman Samir Mehta and invited the group to explore renewable energy projects, pumped-storage facilities and green hydrogen initiatives in the State. He also sought expansion of API and advanced-intermediate manufacturing capacities in Andhra Pradesh’s pharmaceutical clusters.
Mr. Mehta said Torrent Power was developing 3.96 GW of renewable energy projects and 3 GW of pumped-hydro storage capacity and was exploring green hydrogen and other clean-energy projects. The company was targeting 10 GW of renewable energy capacity by 2030, he said.
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