Closely Monitor Substantial Investments, CS at Review Meet
Vijayawada: Chief Secretary Neerabh Prasad has reviewed the Investment Tracker with officials and directed various departments to closely monitor all substantial investments and employment generation units.
He asked district-level department heads, in collaboration with the general manager of district industries centre (DIC), to keep track of the progress these units have made.
Prasad was chairing the state-level Investment Promotion Committee (SIPC) meeting at the state secretariat on Monday. The committee discussed proposals submitted by various companies and organisations interested in investing in the state, with plans to recommend these for further approval by SIPC.
The SIPIC recommended a proposal from Tata Consultancy Services (TCS) to establish a unit that would provide employment for 2,000 persons. The committee endorsed a proposal from Reliance to create 500 units across various districts with an investment of `65,000 crore.
The meeting was attended by several high-ranking officials, including Dr N Yuvaraj, secretary to the state industries department, and APIIC vice chairman and MD Abhishek Kishore. AP IDB CEO Sai Kiran Varma, AP Maritime Board CEO Praveen Aditya, and Industries Department JD Ramalingeswara Raju also participated.