The two-day Global Investment Summit will begin on march 3 in Visakhapatnam, and the opening session of the event is planned to feature remarks by chief minister Y S jagan Mohan Reddy. At a gathering of investors in Delhi, jagan Mohan reddy had made a statement to enlist them in the Visakhapatnam summit. He informed them that he would shortly be relocating to the state's capital, Visakhapatnam. The future capital of the state, Visakhapatnam, was where he wanted the investors to gather.

The main concern is if jagan will disclose the cash in front of the investors as they are currently arriving. During the two-day conference, the state administration plans to sign MoUs in 14 specialised sectors. Also, the government is providing unique incentives to investors who launch their businesses in the state right after the conference. The summit is crucial to the state government because it is the first of its kind under this administration, as opposed to the three summits held under the TDP.

The opposition tdp and the yellow media are attacking the state government on the industrial front, thus the meeting is crucial for the administration as well. The conclusion of this summit is important because the tdp accuses the state administration of forcing businesses out of the state. It is uncertain if jagan Mohan reddy will speak about Visakhapatnam's capital in addition to the summit's investment results.

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G GOWTHAM

02/03/2023 10:53 AM