The record
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- Andhra Pradesh Industries and Commerce Minister T.G.
- Bharath Gupta, speaking at a job fair in Kurnool, said the alliance government's main goal is to create 20 lakh jobs in the state through industrial development.
- He announced that a semiconductor industry could come up at Orvakal with an investment of about ₹23,000 crore, subject to clearances under the ISM policy, and that investments worth ₹13.5 lakh crore had been approved at the Cabinet level with ₹10 lakh crore in MoUs signed at the partnership summit.
- The government also plans to bring ₹50,000 crore in investments to the Orvakal region, and flight training centres are now available in Kurnool district.
- The Minister urged youth to upgrade their skills and actively pursue these opportunities rather than wait for them.
What to watch next
- Whether the semiconductor unit at Orvakal secures the required permissions and clearances under the ISM policy
- Progress on the government's action plan to create 20 lakh jobs and how much of the approved and MoU-backed investment materialises
- Actual utilisation of the new flight training centres in Kurnool district by local youth
Who said what1
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T.G. Bharath Gupta
Industries and Commerce Minister
1 quote · 1 outlet
“The materialisation of these investments would lead to the establishment of large-scale industries, thereby creating abundant job opportunities for the youth”
In the article
…development in the State. He revealed that the Cabinet had approved investments worth ₹13.5 lakh crore, and Memorandums of Understanding (MoUs) worth ₹10 lakh crore were signed during the partnership summit. “ The materialisation of these investments would lead to the establishment of large-scale industries, thereby creating abundant job opportunities for the youth ,” he emphasised. Mr. Bharath further said that measures were being taken to bring investments worth ₹50,000 crore to the Orvakal region by leveraging the district’s resources and geographical advantages. The Minister…
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Named India · IN-AP · St. Joseph’s Degree College · Andhra Pradesh Government · Bastipati Nagaraju · T.G. Bharath Gupta
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