Latest news with #TGBharath
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
10-06-2025
- Business
- Hans India
Students should become game changers of tomorrow: Minister
Kurnool: Students must become game changers by embracing innovative thinking and using technology to achieve their goals, said Minister for Industries, Commerce, and Food Processing, TG Bharath. He was speaking at the Shining Stars awards ceremony held at Pushpa Raj Function Hall, Peddapadu Road on Monday, where meritorious students from Class 10 and Intermediate were felicitated. He said that the State government has taken a significant step in encouraging academic excellence by presenting talented students—who performed well in the public board exams—with a Shining Stars Award, a cash prize of Rs.20,000, and a certificate of excellence. He advised parents not to impose their own aspirations on their children but to support them in pursuing their passions. MLA G Charitha (Panyam) lauded the success of government school students who scored on par with private school peers. She cited the examples of Dr BR Ambedkar and Dr APJ Abdul Kalam, who rose from humble beginnings to win the Bharat Ratna, emphasizing that poverty is no barrier to education. She reiterated that the government is offering numerous educational opportunities, quality teaching, and infrastructure support. She highlighted government investments in infrastructure such as Rs 5 crore sanctioned for KGBV schools in four mandals of Panyam constituency; Rs 3 crore allocated for renovation of BC and SC hostels; Rs 10 lakh CSR fund approved for the development of the IIT Ambedkar NEET Academy in Chinnatekur. Joint Collector Dr B Navya stated that it is commendable how students, despite personal and financial hardships, have crossed a milestone by excelling in board exams. She urged teachers to continue offering competitive coaching so that more students from government schools can secure top ranks in entrance exams. At the conclusion of the event, awards were presented to 142 students from government and private schools who excelled in the Class 10 board exams. The programme was attended by RDO Sandeep Kumar, DEO Samuel Paul, DVEO Sudhir, students, parents, teachers, and other officials.
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
30-05-2025
- Business
- Time of India
Andhra Pradesh attracted Rs 9.4 lakh crore investments in first year of NDA rule: Minister TG Bharath
1 2 Tirupati: Andhra Pradesh registered massive progress in the first year of the TDP-led NDA govt by attracting investments to the tune of Rs 9.4 lakh crore, said industries minister TG Bharath. Addressing party workers at the TDP's annual conclave Mahanadu in Kadapa, TG Bharath recalled that Andhra Pradesh was blacklisted by investors during the YSRCP regime due to the fear psychosis created by the then govt in their five-year rule. "Chief minister Nara Chandrababu Naidu, HRD & IT minister and the council of ministers took great pain in restoring confidence among the investors in the last 12 months. It wasn't easy at all. But with a visionary leader like Naidu in power, investors gradually grew in confidence and the state was back onto the path of rapid progress", the minister added. TG Bharat also recalled about how the YSRCP govt trimmed down the state's economic development board from 60 members during the TDP regime between 2014-2019 to just 10 between 2019-2024. "Today after the TDP came back to power, about 50 experts were appointed to the economic development board to showcase the state as a paradise for investments once again. Even as we speak now, a specialised team is in the middle of their your to Japan to attract investments and adopt best practices," he added. With our focus back on 'speed of doing business', the AP govt assigns an executive to handhold investors proposing to invest in projects worth Rs 1,000 crore or more in the state. "The state govt has expedited the process of establishing MSME parks across the 175 assembly constituencies in the state. While 11 MSME parks have already been launched, foundation stone has been laid for 39 more MSME parks in the state. This govt will also fulfill its promise of creating 20 lakh jobs by the end of its five-year rule," the minister underlined.
