Amaravati, Sep 29 (IANS) The Andhra Pradesh government has constituted a 16-member Consultative Forum in partnership with the Confederation of Indian Industry (CII) to address issues relating to industry, trade, and investment and to act as a catalyst for promotion of investment climate, industrial growth, skill and entrepreneurship development and infrastructure development.
To be headed by Minister for Education, Information Technology (IT), Electronics and Real-Time Governance Nara Lokesh, the panel will hold consultations, network and establish linkages between various stakeholders in the government and industry.
The Chief Secretary will be the Vice Chairman of the Consultative Forum, with three representatives from the CII, Andhra Pradesh State Council.
According to the Government Order (GO) issued by the Industries and Commerce Department, the Chairman of CII, AP State Council will be a member convenor of the Forum. The Vice Chairman and Secretary of CII, AP State Council will be the members.
Principal Secretaries of various departments and the Chief Executive Officer of Andhra Pradesh Economic Development Board (APEDB) are the members of the panel.
The GO mentions that the establishment of APEDB was a significant step towards creating a favourable investment climate by streamlining processes and offering a single point of contact for investors. It has been actively playing the role of a catalyst for promoting public and private investments to achieve the vision of becoming the most preferred global destination by 2050.
“To fully realise the state’s economic potential and overcome the challenges, the government has decided to enhance its approach by involving the private sector more directly. To this end, it has partnered with the CII to build a consultative forum. This collaboration aims to leverage the expertise and resources of private enterprises, ensuring a more inclusive and dynamic economic environment,” reads the GO.
By fostering public-private partnerships and engaging in continuous dialogue with industry leaders, Andhra Pradesh seeks to address existing gaps and drive sustainable economic growth. Further, it is essential to have more diversification and high adoption of advanced technologies for broader industrial growth, it added.
The government hopes that the partnership with CII will help diversify the industrial base by promoting sectors like renewable energy, IT hardware, biotechnology, and high-precision manufacturing. This will reduce the state’s reliance on a few industries and foster broader economic growth.
During a special plenary session at the fourth CII Southern Regional Council meeting last week, Lokesh pronounced that Andhra Pradesh aspires to be among the top three industrialised states and to make rapid strides in IT, agriculture, pharmaceuticals and MSME sectors.
–IANS
ms/kvd
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
