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

Andhra Pradesh is best destination for investments: CM YS Jagan Mohan Reddy

DAVOS: Andhra Pradesh chief minister YS Jagan Mohan Reddy has stressed the need for modernisation of manufacturing sector to make the state a manufacturing hub with focus on green energy.

Chief minister highlighted the key initiatives of the state government to build the infrastructure with focus on ports. Emphasising that the AP is the best destination for investments, chief minister said that the initiatives in health and education sectors were receiving appreciation from across the globe.

He held discussion with WEF future mobility head Pedro Gomez and sustainable automotive and mobility wing chief D Maya Ben Dror at Davos on Sunday.

They briefed on shaping the future of mobility and "Moving India" initiative of which AP being the first state selected. The chief minister discussed evolution of green mobility and challenges associated with the battery disposal to ensure the transition to the green mobility is net zero.

He discussed ideas where Renewable Energy sources could be integrated with Electric Mobility charging infrastructure and also to generate Green Hydrogen to make the transition greener and enable sustainable manufacturing.

AP signed an agreement with WEF about the Platform Partnership on “Shaping the Future of Advanced Manufacturing and Value Chains”, through which the state of AP will be integrated with the Global Network of Advanced Manufacturing Hubs (AMHUBs)

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