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The Times of India
The Times of India
National
Samdani MN | TNN

Andhra Pradesh govt signs Rs 1.25L crore worth MoUs in Davos

Davos YS Jagan Mohan Reddy World Economic Forum Aditya Mittal Amaravati WEF

AMARAVATI: Chief minister YS Jagan Mohan Reddy’s maiden visit to Davos to attend the World Economic Forum conference has turned out to be a major success as the state government has signed MoUs for investments to the tune of 1.25 lakh crore.

The chief minister’s focus on green energy prompted steel baron Aditya Mittal of Arcelor-Mittal to announce doubling of its investments in the state. The group has presence in steel, transport, energy, mining, packaging and construction sectors with an annual turnover of $76,000 billion.

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