Lokesh woos investments in clean energy, manufacturing and data centres
The HRD and IT Minister meets senior executives of leading industrial groups such as Torrent, Welspun, and Astral Pipes in Ahmedabad and discusses various investment proposals
HRD and IT Minister Nara Lokesh met with senior executives from leading industrial groups in Ahmedabad on Friday to invite them to establish projects in Andhra Pradesh. Lokesh sought investments in clean energy, manufacturing, data centres and infrastructure. Torrent Group's Samir Mehta pledged to develop 3.96 GW of renewable energy and 3 GW of pumped-hydro storage capacity, with plans for green hydrogen by 2030.
He was also invited to establish a green hydrogen initiative and pumped storage facilities in AP. Welspun World's Nitin Jain was asked to set up a global capability centre in Visakhapatnam and a multi-sector industrial park in Kakinada. Gokul Agro Resources' Kanubhai Thakkar was invited to establish palm oil and soybean oil refineries in Nellore.
Chiripal Group's Brij Mohan Chiripal was invited to build a greenfield tyre manufacturing project in Visakhapatnam. ST Telemedia Global Data Centres was invited to invest in Visakhapatnam, where the company already operates 400 MW of data centres across 10 cities. Epack Group's Bhajrang Bothra was invited to establish a prefabricated construction facility in Visakhapatnam, catering to data centre needs.
Astral Pipes' Alkesh Panchal was asked to set up a pipe manufacturing facility in Kakinada or Anakapalli. Lokesh assured Panchal of speedy clearances and incentives.
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