Visakhapatnam is gearing up for a major event as arrangements are in full swing for the grand kickstart of the two-day Global Investors Summit 2023 at the Andhra University Engineering College grounds on Friday. This summit is expected to set a new benchmark for industrialisation in the state of Andhra Pradesh. Post bifurcation of the State, Vizag emerged as the most happening place, being the industrial hub of the State. The summit will be an advantage for Vizag as it is set to attract huge investments. According to industry circles, the summit will not only benefit Vizag, but also the entire state, by encouraging industrialisation and growth
in various sectors.
The summit will showcase investment opportunities in various sectors such as IT, agriculture, health, pharma, tourism, MSME, startups, renewable energy, defence, aerospace, handlooms and textiles, logistics, food processing, maritime and others. The government is focusing on green energy, but the pharma, marine and IT sectors are also expected to fetch more revenue for the government.
The summit is expected to attract as many as 8,000 to 9,000 delegates from various industries and sectors. The city of Visakhapatnam has been decked up for the summit, with beautification works being carried out with a budget of Rs 100 crore for the two major global events lined up in the city in March. The two-day event will start with the 'Maa Telugu Talliki Malle Poodanda' Kuchipudi ballet by noted danseuse Yamini Reddy. The summit will be inaugurated by the Chief Minister of Andhra Pradesh, YS Jagan Mohan Reddy. The Global Investors Summit 2023 is an opportunity for investors to explore the potential of Andhra Pradesh and its various
sectors. The summit is expected to set a new benchmark for industrialisation in the state and attract huge investments. The government's focus on green energy and the showcasing of investment opportunities in various sectors make this summit a must-attend event for those looking to invest in Andhra Pradesh.
The state government is making all out efforts to make this a grand success and even politically, it will help AP to give a fitting reply to the yellow media and yellow mafia's negative propaganda about investments in the state.
