15 New Industrial Projects started in Sri City by Babu..!?

Sowmiya Sriram
15 New Industrial Projects started in Sri City by Babu..!?

 Andhra chief minister chandrababu naidu inaugurated 15 new industrial projects in the Sri City area on a single day. Ever since chandrababu naidu took over as the chief minister of andhra pradesh, he has been intensifying measures to strengthen the industry in the state. Accordingly, he inaugurated 15 new industrial projects in the Sri City area on Monday. Along with this, foundation stones were laid for seven new projects. Its value is 900 crore rupees. 2,740 jobs are expected to be created through these new industries. Similarly, the state government has signed MoUs with five companies. 1,213 crores worth of investments will be made in the Sri City area through this. 4060 job opportunities are created through these new investments.
Speaking on the occasion, Andhra chief minister chandrababu naidu said that Sri City has emerged as a leading industrial city of Andhra state and various companies can freely come and invest here and the government will provide them with all the necessary concessions. Pointing out that currently, 200 companies from 30 countries are operating in the Sri City area, he expressed hope that Sri City will become an internationally competitive city. Noting that his government is focusing on solar power generation and wind power generation, chandrababu naidu asked the industries to switch to sustainable production practices. Earlier, chandrababu naidu held a consultative meeting with the CEOs of various companies and promised to implement favorable policies for his government enterprises. He said that through this they can easily come to andhra pradesh and do business and this will increase the development of the state and also increase employment opportunities.
Chandrababu Naidu mentioned that since 2015, andhra pradesh has been at the top in the Ease of Doing business category, and said that his government is taking steps to achieve this and that it will also take the top spot in the Speed of Doing business category. He said that when he met the industrialists earlier, many demands were put forward from their side and all of them will be resolved soon. He said that everything like pending financial assistance, infrastructural facilities, and unfavorable policies will be changed. He assured that tax procedures will also be changed.
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