Lokesh urges NRIs to be partner in AP's development
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Vijayawada: HRD and IT minister Nara Lokesh called upon the Singapore-based Telugu diaspora to promote investment opportunities in Andhra Pradesh. He described Non-Resident Indians (NRIs) as Most-Reliable Indians (MRIs) as their role in the development of the homeland is significant.
Speaking at the Telugu diaspora meeting organised by APNRT in Singapore on Sunday, Minister Lokesh emphasised that foreign investments are crucial to India's economy. He said that India received a total of Rs 6.73 lakh crore in foreign direct investments during the 2024-25 fiscal year, with approximately Rs 1.24 lakh crore coming from Singapore. He said that this accounts for 19% of the total FDI. "The global trust in Chandrababu Naidu is our investment.
CBN (Chandrababu Naidu) is our brand. Let's promote the opportunities in our state to attract investments," Lokesh urged.
Lokesh lauded the Telugu community's influence abroad, stating that NRIs are India's brand ambassadors. He urged all NRIs to partner in the state's development. "If a significant portion of the investments come to Andhra Pradesh, our state will become another Singapore," said Lokesh. He also praised the Telugu people for their resilience and support during challenging times, including the recent Pahalgam attack where a state soldier was martyred.
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Reflecting on the legacy of Lee Kuan Yew, Lokesh remarked, "One of my favourite and inspiring leaders is Lee Kuan Yew, who transformed a small fishing village into a global economic powerhouse during his 31 years as Prime Minister." He encouraged NRIs to leverage their expertise and invest in Andhra Pradesh's burgeoning sectors, highlighting the state's extensive coastline, infrastructure, and emerging Quantum Valley as key attractions.
Lokesh outlined the state's commitment to creating 20 lakh jobs through new industrial policies and skill development programmes aimed at harnessing global opportunities. "We are implementing new industrial policies, taking Singapore as a role model for the speed of doing business. Our Andhra Pradesh state has immense resources," he added.
The minister also announced the launch of APNRT 2.0, aimed at providing enhanced support to NRIs. He called for collective efforts to achieve a healthy, prosperous, and happy Andhra Pradesh, reinforcing the vision of a double-engine govt working under the leadership of Narendra Modi at the centre and Chandrababu Naidu in the state.
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