Industries minister Gudivada Amarnath laid foundation stone for big-ticket industries to be set up by Reliance, Birla and other groups in a virtual mode from secretariat on Wednesday. The new industries are coming up with a total investment of Rs 4,178 crore. With chief minister YS Jagan Mohan Reddy held up with political activity in the camp office, the task of laying the foundation was handed over to Amarnath.
The minister said that AP has been on the top in ease of doing business (EoDB) ranking for the last three years and attracted massive investments.
He said that investors are keen to launch their projects in AP as the state government is extending its fullest support to them through single window clearances system.
He said that Centre has proposed 11 industrial corridors in which AP got three-Vizag-Chennai, Chennai-Bangalore and Bangalore-Hyderabad. He said that the state government is setting up four major ports with a cost of Rs 20,000 crore to promote industries. He said Ramayapatnam port in Nellore district was almost ready for commissioning operations while the works at other three ports — Machilipatnam, Mulapeta and Kakinada — were progressing well.