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New Indian Express
11-06-2025
- Business
- New Indian Express
AP attracts Rs 9.2 lakh crore investments in 11 months
VISAKHAPATNAM: Andhra Pradesh has attracted Rs 9.2 lakh crore investments over the past 11 months, generating expectations of over 8.5 lakh new jobs, Industry Minister TG Bharath said on Tuesday. He was speaking at the first edition of Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) Excellence Awards 2025 in Visakhapatnam. He credited the investment inflow to the pro-industry policies of the NDA government under Chief Minister N Chandrababu Naidu. 'We are prioritising investor confidence and working to resolve issues faced by industries,' he said. Highlighting recent policy measures, Bharath noted that AP now offers one of the most competitive industrial policy frameworks in the country. He urged business leaders to take advantage of various State incentives, and pointed to the Speed of Doing Business initiative as a key mechanism for facilitating faster approvals. Visakhapatnam MP M Sribharat addressed the gathering, and encouraged industry leaders to identify challenges and contribute innovative solutions. 'Your ideas can help shape the future of industry in Andhra Pradesh,' he said. FAPCCI president Kankatala Mallikharjuna Rao spoke about the State's MSME policy and its benefits for the tourism sector. The event also featured presentation of excellence awards in 11 categories.
Hans India
11-06-2025
- Business
- Hans India
FAPCCI presents 11 awards in across sectors
Visakhapatnam: Industries Minister TG Bharath announced that the TDP-led NDA government under the leadership of Chief Minister N Chandrababu Naidu has successfully regained the trust of national and global investors. Speaking at the Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) Excellence Awards 2025 presentation ceremony held here on Tuesday, the Minister stated that in just one year, the government has secured investment proposals worth over Rs 9 lakh crore, marking a significant shift in investors' confidence. He emphasised that major corporate houses have reposed faith in Andhra Pradesh's leadership and vision. He also highlighted that tenders worth Rs 60,000 crore have been called for in Amaravati, signaling the government's clear intent to fast-track capital development. 'We are taking decisions at a brisk pace to foster ease and speed of doing business,' he informed. Visakhapatnam MP M. Sribharat called on industry leaders to partner with the state's economic development by not only pointing out bottlenecks but also suggesting solutions to address them. The MP announced that 15 key roads in Visakhapatnam are being upgraded at a cost of Rs 500 crore, improving the city's infrastructure backbone. On the much-anticipated Visakhapatnam Metro Project, he informed that the DPR is ready, and a double-decker metro has been proposed for the Rs 15,000 crore-project. Highlighting Andhra Pradesh's push towards digital governance, Sribharat said that over 300 government services are now being offered via WhatsApp, reducing the need for people to interface directly with the officials concerned. He also stressed the importance of collaboration between academia, industry, and government to collectively address challenges faced in the business ecosystem. FAPCCI president Kankatala Mallikharjuna Rao, former president Karunendra Jasti, CV Atchut Rao, among others, addressed the gathering. Recognising excellence in business and entrepreneurship, 11 awards were presented to leaders from across different sectors. It was the first-ever excellence awards hosted by the FAPCCI.
Hans India
08-06-2025
- Business
- Hans India
FAPCCI Excellence 2025 Awards to be presented on June 10
Visakhapatnam: The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) is presenting its first-ever 'FAPCCI Excellence 2025' Awards on June 10 in Visakhapatnam. Announcing this at a media conference held here on Saturday, FAPCCI president Kankatala Mallikharjuna Rao mentioned that the awards were instituted to foster a culture of excellence, entrepreneurship and sustainability in the State. 'We received over 90 nominations across 11 categories, including agro and aqua industries, MSMEs, CSR initiatives, start-ups, innovation, green energy, rural entrepreneurship, and women-led enterprises,' he informed. Minister for Industry and Commerce TG Bharath and Visakhapatnam MP M Sribharat will present the awards to the winners attending the event as chief guests. The awardees were selected by an independent jury chaired by former Supreme Court judge Jasti Chelameswar. The panel included Aditya Nath Das, Chief Advisor to AP government; Srini Raju, chairman of Sri City; M Chandrasekhar, director of IIM-Visakhapatnam; and Janaki Ramachandran from Krea University. Highlighting the credibility of the selection process, Mallikharjuna Rao said the jury followed a rigorous and transparent mechanism with a strong emphasis on impact and innovation. 'This is merely not about honouring achievements but about placing Andhra Pradesh firmly on the national and global industrial map through the power of recognition and encouragement,' he stated, expressing optimism that the initiative would serve as a catalyst for industrial growth, attract investment and inspire a new generation of entrepreneurs to strive for global competitiveness. CV Atchut Rao, founder president of FAPCCI, vice-president A Satyanarayana, and managing committee members Ch Kishore Kumar and Hema Garigipati, were present. The award presentation ceremony on June 10 will be held at Hotel Grand Bay.
Time of India
07-06-2025
- Business
- Time of India
FAPCCI to host first-ever excellence awards in Vizag on June 10
: The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) will host its first-ever 'FAPCCI Excellence 2025' awards ceremony in Visakhapatnam city on June 10. Tired of too many ads? go ad free now The announcement was made by FAPCCI president Kankatala Mallikharjuna Rao in Vizag city on Saturday. Mallikharjuna Rao said that the awards were instituted to foster a culture of excellence, entrepreneurship, and sustainability in the state. "We received over 90 nominations across 11 categories, including agro and aqua industries, MSMEs, CSR initiatives, start-ups, innovation, green energy, rural entrepreneurship, and women-led enterprises," he said. The awardees were selected by an independent jury chaired by former supreme court judge Justice Jasti Chelameswar. The panel included Aditya Nath Das, chief advisor to the govt of AP, Srini Raju, promoter of Sri City Pvt. Ltd, M Chandrasekhar, director of IIM-Visakhapatnam, and Janaki Ramachandran from Krea University, Chennai. Highlighting the credibility of the process, Mallikharjuna Rao said that the jury followed a rigorous and transparent selection mechanism, with a strong emphasis on impact and innovation. "This is not merely about honouring achievements," he added, "but about placing Andhra Pradesh firmly on the national and global industrial map through the power of recognition and encouragement." He expressed optimism that the initiative would serve as a catalyst for industrial growth, attract investments, and inspire a new generation of enterprises to strive for global competitiveness. CV Atchut Rao, founder president of FAPCCI, vice president A Satyanarayana, and managing committee members Ch Kishore Kumar and Dr Hema Garigipati, said minister for industry and commerce TG Bharath and Visakhapatnam MP M Sribharat will grace the event as chief guests and present the awards to the winners.
The Hindu
07-06-2025
- Business
- The Hindu
First FAPCCI Excellence 2025 awards ceremony to be organised in Visakhapatnam on June 10
The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) will host its first-ever FAPCCI Excellence 2025 awards ceremony at hotel Grand Bay in Visakhapatnam on June 10, according FAPCCI president Kankatala Mallikharjuna Rao. The State's Industries Minister T.G. Bharath and Visakhapatnam MP M. Sribharat will be the chief guests. Speaking to the media here on Saturday, Mr. Mallikharjuna Rao said the awards were instituted to foster a culture of excellence, entrepreneurship and sustainability in the State. 'We received over 90 nominations across 11 categories, including agro and aqua industries, MSMEs, CSR initiatives, start-ups, innovation, green energy, rural entrepreneurship, and women-led enterprises. Most of the nominations were received from other regions of Visakhapatnam,' he said. The awardees were selected by an independent jury chaired by former Supreme Court judge Justice Jasti Chelameswar. The panel included Aditya Nath Das, Chief Advisor to the Government of Andhra Pradesh, Srini Raju, Promoter of Sri City Pvt. Ltd., M. Chandrasekhar, Director of IIM-Visakhapatnam, and Janaki Ramachandran from Krea University. Mr. Rao said that jury followed a rigorous and transparent selection mechanism, with a strong emphasis on impact and innovation. 'This is not merely about honouring achievements but about placing Andhra Pradesh firmly on the national and global industrial map through the power of recognition and encouragement,'he said. He expressed optimism that the initiative would serve as a catalyst for industrial growth, attract investment, and inspire a new generation of enterpreneurs to strive for global competitiveness. C.V. Atchut Rao, founder-president of FAPCCI, vice-president A. Satyanarayana, managing committee members Ch. Kishore Kumar and Dr. Hema Garigipati spoke.
