We are not building palaces, but bringing investments, says Andhra Pradesh IT Minister Lokesh

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IT Minister Nara Lokesh conducting a reappraisal  gathering  with the officials and elected representatives astatine  the District Collectorate successful  Visakhapatnam connected  Sunday.

IT Minister Nara Lokesh conducting a reappraisal gathering with the officials and elected representatives astatine the District Collectorate successful Visakhapatnam connected Sunday.

Dismissing YSRCP leaders’ allegations connected allocation of premier onshore successful the metropolis for a debased terms to IT giants, Andhra Pradesh Minister of Information Technology Nara Lokesh said connected Sunday that “the NDA authorities is not present to physique palaces (referring to Rushikonda constructions) but to bring investments and make occupation opportunities for the youth.”

Addressing the media astatine the Collectorate, Mr. Lokesh said, “Since coming to power, the NDA authorities has been actively moving to pull investments to Andhra Pradesh. So far, concern agreements worthy astir 120 cardinal dollars person been signed, with astir 50% focused connected the Greater Visakhapatnam Economic Region.”

‘Big quality soon’

Mr. Lokesh said that the Tata Consultancy Services (TCS) would statesman its operations successful Visakhapatnam successful November.

“Cognizant officials are expected to sojourn the metropolis adjacent period and whitethorn laic the instauration chromatic for their caller centre successful December. I volition beryllium gathering Google officials successful the adjacent fewer days, and determination whitethorn beryllium a large announcement soon,” Mr. Lokesh added.

“Is it incorrect to pull investments and bring them to Visakhapatnam? What the YSRCP failed to execute successful 5 years, we person managed to bash successful conscionable 16 months,” the Minister said, adding that “our extremity is to make astatine slightest 5 lakh jobs successful Visakhapatnam implicit the adjacent 5 years.”

“The CII Partnership Summit, which volition beryllium held successful Visakhapatnam connected November 14 and 15, whitethorn beryllium a level to expect important investments,” helium observed.

‘Prepare maestro plan’

Earlier, Mr. Lokesh convened a gathering with the Collectors and elected representatives of Visakhapatnam, Anakapalli, Vizianagaram and Srikakulam districts.

During the meeting, helium directed the authorities and the nationalist representatives to hole improvement plans, keeping successful presumption the future. He said a ample fig of companies were mounting up basal successful Visakhapatnam, and hence, a maestro program should beryllium prepared accordingly. He insisted that plans beryllium devised with a 30-year outlook and stressed the request for coordinated discussions betwixt the nationalist representatives and officials. He instructed the officials to place and hole suitable onshore banks for mounting up IT parks successful the Visakhapatnam region.

IT Secretary K. Bhaskar, Legislative Assembly Whip P.G.V.R. Naidu (Gana Babu), Visakhapatnam Mayor Peela Srinivasa Rao, and others were present.

Published - October 12, 2025 08:50 p.m. IST

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