AP has all the attributes of an industrial hub: Minister
state government. keen to create an atmosphere conducive to innovation, says Goutham Reddy
Andhra Pradesh is a dynamic economy with a solid industrial base and a pool of young talent. With the second longest coastline of 974 km and a well-served road, rail and port infrastructure, the state contributes around 5% of the national GDP, making it an ideal destination for investments, Minister of Informatics, electronics and skills development Mekapati Goutham Reddy said.
Delivering the opening speech at the Conclave of Interoperability of Defense Electronics and Start-ups (DESI-2021), with special emphasis on “Make in Andhra Pradesh”, in Visakhapatnam on Monday, he stressed that the Andhra Pradesh was recently ranked number one in terms of ease of doing business by the Ministry of Industry Promotion and Domestic Trade (DPIIT), Government of India.
“Chief Minister YS Jagan Mohan Reddy is keen to develop resources, infrastructure capacity and nurture the talent pool,” he said.
Mr Goutham Reddy said the state government has launched several initiatives in the areas of education, skills development and health, while focusing on supporting public services such as public transport. kilometer, Internet connectivity and electronic governance.
“The state provides financial and technical support to students and focuses on specialized universities and colleges with industry-relevant study programs. We have employability skills centers that train students in the skills needed for employment, ”he said.
Referring to the defense sector, he said the Center aims to achieve around $ 25 billion in revenue by 2025, with an export target of around $ 5 billion.
“As a country, we are in this phase of transition from a net importer to that of a net exporter. Our state-of-the-art design and manufacturing capabilities are skyrocketing. However, we need to explore more opportunities, investments and innovations to achieve sector goals, ”said the Minister.
Pointing out that many advocacy organizations such as DRDO, ISRO, NSTL and NRDC have bases in Andhra Pradesh, he said that with a vibrant and evolving business ecosystem, a well-connected supply chain, it can be used by organizations and the state could be a forerunner with investor-friendly policies.
The minister added that the state government has focused on setting up business and technology incubators to provide an atmosphere conducive to innovation for budding entrepreneurs. “Our incubation activities under the umbrella of Andhra Pradesh Innovation Services (APIS) were planned to attract entrepreneurs and innovators to settle in the state,” he said.
The state is considering establishing more centers of excellence and start-up accelerators, in addition to providing mentoring support through veterans and industry experts.
“We are focused on strengthening R&D facilities through more centers of excellence and advanced technologies such as the Internet of Things (IoT), additive technologies and 3D printing. With the future shifting towards smart manufacturing, a smarter workforce and e-waste management, Andhra Pradesh could be the perfect destination to nurture startups, ”said Mr. Goutham Reddy.
The program was organized by the Department of Information Technology, Electronics and Communication and the Agency of Electronics and Information Technology AP. The Minister of Tourism Muttamsetti Srinivasa Rao and the CEO of APEITA also spoke on this occasion.