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New Indian Express
a day ago
- Business
- New Indian Express
NRIs are Andhra's brand ambassadors: AP IT minister Lokesh at Singapore diaspora meet
VIJAYAWADA: HRD, IT and Electronics Minister Nara Lokesh described Non-Resident Indians (NRIs) as the State's brand ambassadors and urged them to promote Andhra Pradesh as a top investment destination. Speaking at the Telugu diaspora meet organised by APNRT at the OVIS Auditorium in Singapore, Lokesh emphasised the critical role of NRIs in rebuilding the State after five years of stagnation under the previous YSRCP regime. He said the coalition government, under Chief Minister Nara Chandrababu Naidu's leadership, is working to put Andhra Pradesh back on track. He also emphasised alignment with Prime Minister Narendra Modi's leadership, promising to recover the State's losses from the past five years, with interest. Lokesh highlighted global trust in the 'CBN Brand' as a magnet for investments. Citing official data, he noted that in the financial year 2024–25, India received $81.04 billion in Foreign Direct Investment (FDI), with Singapore accounting for approximately $14.94 billion, 19% of the total. He expressed confidence that directing a substantial share of these funds toward Andhra Pradesh could help transform it into a global economic hub, similar to Singapore. The minister invited NRIs from Singapore, Malaysia, Thailand, Vietnam, the Philippines, Hong Kong, and Indonesia to invest in the State, assuring support through the Economic Development Board (EDB) for startups and industries.
Hans India
a day ago
- Business
- Hans India
NRIs AP's brand ambassadors
Singapore: "Youare all aware of the extent to which Andhra Pradesh was devastated during the five-year YSRCP rule, and you can see how hard the coalition government is working for reconstruction. The global trust in Chandrababu is our capital," stated Minister for Education, IT and Electronics Nara Lokesh. Lokesh called upon the Telugu diaspora to promote opportunities within the state and attract investments. Minister Lokesh was the chief guest at the Telugu Diaspora meeting organised by APNRT at the OVUS Auditorium in Singapore. Addressing the gathering, Lokesh declared: "NRIs are our brand ambassadors; all NRIs must become partners in the state's development." He emphasized the crucial role of foreign investments in India's economy, noting that Singapore contributes a significant portion of these investments. "Of the total $81.04 billion in Foreign Direct Investments (FDI) India received in the 2024-25 fiscal year, approximately $14.94 billion came from Singapore, accounting for 19 percent of total FDI," he highlighted. "If a large share of these investments comes to AP, our state will become another Singapore," he added. Lokesh assured the Telugu community in Singapore, Malaysia, Thailand, Vietnam, the Philippines, Hong Kong, Indonesia, Jakarta and Bali that the government is there to support them in any hardship. "Through APNRT, we are not only resolving your issues but also working to protect our Telugu language, culture, and traditions," he said. He lauded the enthusiasm of the Telugu community in Singapore. "From landing at the airport to this diaspora meeting, wherever I look, I see Telugu people. I wondered if I was in Singapore or Simhachalam," he quipped. He playfully redefined the term NRI. "Everyone calls you NRIs, or Non-Resident Indians. But in my heart, you are always MRIs – Most Reliable Indians." Lokesh asserted that the TDP was founded for the self-respect of Telugus, which was upheld by the legendary actor and Sarvabhouma, late Sri Nandamuri Taraka Rama Rao. He stated that with the Quantum Valley, the world will look towards AP. "Giants like TCS, Cognizant, ANSR, Satva, Sify, and Google are coming to AP. Prestigious educational institutions like SRM, VIT, and Amrita have already arrived, and BITS Pilani will soon be joining them." He highlighted skill development programmes to help people seize opportunities abroad. "We will also encourage MSME companies, as 80 percent of jobs worldwide come from MSMEs." He shared that Tata Group Chairman Chandrasekaran stated that 35 per cent of TCS employees are Telugus, which is why they are coming to AP.
Hans India
a day ago
- Business
- Hans India
Grand welcome for Naidu in Singapore
Singapore: Chief Minister N Chandrababu Naidu received an exceptionally warm and enthusiastic welcome upon his arrival in Singapore on Sunday, marking the beginning of his five-day official visit to the island nation. The Chief Minister and his accompanying ministerial delegation were greeted by a vibrant assembly of the local Telugu community, industrialists, Non-Resident Indians (NRIs), and representatives from APNRT. As the Chief Minister's convoy made its way from the airport to his hotel, Telugu families residing in Singapore lined the route to extend their felicitations. The display of cultural pride was evident with women in traditional attire offering ceremonial 'Harathi' and children performing lively Kuchipudi dances, adding a festive air to the Chief Minister's reception. The area surrounding the CM's hotel buzzed with activity, transformed into a celebratory hub by the presence of numerous Telugu families eager to convey their heartfelt greetings. During his comprehensive five-day visit, the Chief Minister is scheduled to participate in a total of 29 engagements, underscoring the importance of this tour for fostering stronger ties and attracting investments to Andhra Pradesh.
Time of India
a day ago
- Business
- Time of India
Lokesh urges NRIs to be partner in AP's development
1 2 Vijayawada: HRD and IT minister Nara Lokesh called upon the Singapore-based Telugu diaspora to promote investment opportunities in Andhra Pradesh. He described Non-Resident Indians (NRIs) as Most-Reliable Indians (MRIs) as their role in the development of the homeland is significant. Speaking at the Telugu diaspora meeting organised by APNRT in Singapore on Sunday, Minister Lokesh emphasised that foreign investments are crucial to India's economy. He said that India received a total of Rs 6.73 lakh crore in foreign direct investments during the 2024-25 fiscal year, with approximately Rs 1.24 lakh crore coming from Singapore. He said that this accounts for 19% of the total FDI. "The global trust in Chandrababu Naidu is our investment. CBN (Chandrababu Naidu) is our brand. Let's promote the opportunities in our state to attract investments," Lokesh urged. Lokesh lauded the Telugu community's influence abroad, stating that NRIs are India's brand ambassadors. He urged all NRIs to partner in the state's development. "If a significant portion of the investments come to Andhra Pradesh, our state will become another Singapore," said Lokesh. He also praised the Telugu people for their resilience and support during challenging times, including the recent Pahalgam attack where a state soldier was martyred. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Live Comfortably: 60m2 prefabricated bungalow for the elderly in Esperanza Pre Fabricated Homes | Search Ads Search Now Undo Reflecting on the legacy of Lee Kuan Yew, Lokesh remarked, "One of my favourite and inspiring leaders is Lee Kuan Yew, who transformed a small fishing village into a global economic powerhouse during his 31 years as Prime Minister." He encouraged NRIs to leverage their expertise and invest in Andhra Pradesh's burgeoning sectors, highlighting the state's extensive coastline, infrastructure, and emerging Quantum Valley as key attractions. Lokesh outlined the state's commitment to creating 20 lakh jobs through new industrial policies and skill development programmes aimed at harnessing global opportunities. "We are implementing new industrial policies, taking Singapore as a role model for the speed of doing business. Our Andhra Pradesh state has immense resources," he added. The minister also announced the launch of APNRT 2.0, aimed at providing enhanced support to NRIs. He called for collective efforts to achieve a healthy, prosperous, and happy Andhra Pradesh, reinforcing the vision of a double-engine govt working under the leadership of Narendra Modi at the centre and Chandrababu Naidu in the state.
Hans India
2 days ago
- Business
- Hans India
Chief Minister Chandrababu Naidu Arrives in Singapore
Singapore: Chief Minister Chandrababu Naidu has arrived in Singapore. Beginning today, he will embark on a five-day official visit to the country. Upon his arrival, the Chief Minister received a warm and enthusiastic welcome from the local Telugu community, industrialists, NRIs, and APNRT representatives. As the CM and his ministerial delegation travelled from the airport to their hotel, Telugu families residing in Singapore gathered along the route to greet them. Women dressed in traditional attire offered ceremonial harathi, while children performed Kuchipudi dances to honor the Chief Minister's arrival. The atmosphere around the CM's hotel turned festive, filled with the vibrant presence of Telugu families who came to extend their heartfelt welcome. During his Singapore visit, the Chief Minister is scheduled to participate in a total of 29 engagements. This afternoon, CM Chandrababu Naidu, along with ministers Nara Lokesh, P. Narayana, and T.G. Bharat, will attend the Telugu Diaspora Meeting as part of their Day 1 itinerary.
