Andhra Pradesh to Get New Investor-Friendly IT Policy, says Nara Lokesh
Andhra Pradesh IT Minister Nara Lokesh has called for a new investor-friendly IT policy to be implemented in the state, highlighting the need for incentives to attract companies.
Nara LokeshAndhra PradeshIt PolicyInvestor FriendlyIt HubReal Estate NewsJun 16, 2024
Frequently Asked Questions
What is the new initiative announced by Nara Lokesh?
Nara Lokesh has announced a new investor-friendly IT policy to be implemented in Andhra Pradesh.
What is the aim of the new IT policy?
The aim of the new IT policy is to attract more companies to set up shop in Andhra Pradesh and create more job opportunities.
What are the key cities to be developed under the new policy?
Visakhapatnam is to be developed into an IT hub and Tirupati into an electronics hub under the new policy.
What kind of incentives will be provided to companies?
The details of the incentives to be provided to companies are yet to be disclosed, but the minister has instructed officials to submit the details at the earliest possible.
What is the expected outcome of the new policy?
The new policy is expected to give a boost to the state's economy and create more job opportunities, making Andhra Pradesh a hub for IT and electronics industries.
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