Focus is on strengthening export ecosystem in Andhra Pradesh, says APNRTS president Ravi Kumar
Andhra Pradesh Non-Resident Telugu Society president Vemuru Ravi Kumar said there is a need to improve the functioning of the State’s ports to make them more attractive to exporters and traders
The Andhra Pradesh Non-Resident Telugu Society (APNRTS) is focusing on strengthening the export ecosystem in Andhra Pradesh, according to president Ravi Kumar. Despite India's $780 billion in annual exports, Andhra Pradesh currently contributes only 2.6%, despite its coastline, ports, and production of exportable commodities. The society aims to develop NRIs into international traders through a three-day program covering international trade procedures, precautions, and commodity prices.
Additionally, APNRTS proposes an investment fund to provide NRIs with a professionally managed investment vehicle, particularly targeting Andhra Pradesh's infrastructure and growth opportunities. The organization also seeks to create a network of Andhra-origin CEOs and senior executives abroad to facilitate business networking and employment opportunities.
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