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Vizag Summit: 2nd Day With The Same Momentum


Anta Assamey

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Vizag Summit: 2nd Day With The Same Momentum

The phase is turning positive for Andhra Pradesh, and better days are on the horizon.

AP has been struggling for the past nine years since the partition, but now a flood of investments is pouring into the ongoing Global Investors Summit in Visakhapatnam.

On the first day, deals worth eleven lakh crores were made, and the momentum continued on the second day.

On the second day, Reliance signed an agreement for a 50,000 crore project, and there were also contracts for the HPCL Energy project (14,320 crores), Eco Steel project (894 crores), and an MoU with Blue Star (890 crores).

Government officials are pleased with the large number of agreements that have been concluded.

92 projects were agreed upon on the first day, and more than sixty companies signed agreements to establish new projects in AP on the second day.

Government sources predict that industries worth more than thirteen lakh crores will come to AP, providing employment opportunities for up to six lakh youth.

It is believed that all the bitterness of the past has disappeared in AP, and the state is now taking steps towards a golden future. Minister Gudivada Amarnath attributes the investment of so many lakhs of crores to Jagan's brand image.

Another minister, Sidari Appalaraju, is happy that the investment festival is proof of the great success that AP, including Northern Andhra, has achieved.

Looking at these positive developments, it is said that AP's tomorrow looks bright.

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