Andhra Pradesh: Visakhapatnam Gears Up To Host Global Investors Summit On March 3, 4

The two-day summit is expected to host over 20 business sessions and several industrial dignitaries to be present at the summit.

Visakhapatnam in Andhra Pradesh is all set to host the Global Investors Summit (GIS) 2023 on March 3 and 4. The Summit is scheduled to be held at the Andhra University Engineering ground in Visakhapatnam.

The two-day summit is expected to host over 20 business sessions and several industrial dignitaries are to be present at the summit. The GIS will focus on 13 sectors which will include aerospace, defense, automobile, food processing, electronics, IT, healthcare and medical equipment, textile, infrastructure, tourism, renewable energy, skill development, etc.

Some of the participating delegates are scheduled to speak during the morning session on the first day of the Summit. This will be followed by the signing of MoUs. Chief Minister Jagan Mohan Reddy is also scheduled to interact with the industrialists.

Several cultural programmes and entertainment were arranged for the participants at the GIS. A range of MoUs is expected to be signed on the second day of the Global Investors Summit.

Earlier, speaking at the International Diplomatic Alliance meet in Delhi, CM Jagan assured the investors that he was ready to provide any kind of support on behalf of the government to set up industries. He said that Andhra Pradesh has a long coastal belt and is the fastest-growing in the country with a growth rate of 11.43 percent.

The CM said that the Andhra Pradesh government permits industries within 21 days through a single desk system.

Andhra Pradesh has three industrial corridors: the Visakhapatnam-Chennai Industrial Corridor (VCIC), the Chennai-Bengaluru Industrial Corridor (CBIC), and the Hyderabad-Bengaluru Industrial Corridor, all of which have the best infrastructure in industrial parks in various locations.

To ensure the presence of industry leaders from across the globe in the GIS, the chief minister and senior ministers have held several investor meetings over the last few weeks in Mumbai, Delhi, Bengaluru, Chennai, and Hyderabad.

(With inputs from ABP Desam — It is a Telugu platform of ABP News. For more news, commentary and latest happenings from two Telugu states, follow https://telugu.abplive.com//amp)