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Efforts to attract investments from Singapore will soon pay off, says Andhra Pradesh Industries Minister Bharath

Efforts to attract investments from Singapore will soon pay off, says Andhra Pradesh Industries Minister Bharath

The Hindu3 days ago
Industries and Commerce Minister T.G. Bharath has said the results of the visit of Chief Minister N. Chandrababu Naidu-led delegation to Singapore to attract investors to the State will be visible soon.
Speaking to the media persons in Kurnool on Sunday, Mr. Bharath said the previous government's policies had turned away the investors from Singapore.
'Mr. Naidu made a sustained effort to erase the bad image and attract investments through his meetings with the officials, industrialists and business tycoons there. Mr. Naidu succeeded in his mission, and we will soon see the results in the way of investments,' he asserted.
Apart from Mr. Naidu, the delegation comprised Ministers N. Lokesh, P. Narayana and Mr. Bharath.
He said that Singapore achieved rapid strides in development as there was a stable and strong government. Mr. Bharath asserted that Andhra Pradesh too needed a stable government, which would bring investments to the State.
Elaborating on his visit to various plants, ports and other places in Singapore, the Minister said Artificial Intelligence was playing a key role in all those places.
On the proposed investments in the State, Mr. Bharath said Reliance would be investing in Orvakal in the district and a Coimbatore-based company had already set up its unit in Orvakal.
Mr. Bharath said there was a huge potential for the youth to get jobs as pilots, and urged them to utilise the pilot training courses to be imparted at the Pilot Training Centre coming up at the Orvakal airport.
'Works on bringing water from Muchumarri to Orvakal Industrial Hub have been completed by 90%. We will also complete various irrigation projects, which will lead to industrial development. With sustained efforts of the NDA government, the entire district will witness development,' he said.
Mr. Bharath said the government is taking all steps to stop migrations from the district and would support the small industries and bring them back on track. 'By handholding the small and minor industries, we can stop migration,' he said, adding that TIDCO houses would soon be handed over to the eligible poor.
He further said the process of setting up the High Court Bench in Kurnool was going on. Mr. Bharath said the previous government had resorted to the liquor scam, causing loss to the exchequer, and action would be taken against those involved.
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