Andhra Pradesh is fast emerging as a hub for advanced technologies like Artificial Intelligence and Quantum Technology, and now is the ideal time to invest in the State, said AP Minister for IT and Electronics Nara Lokesh. He was speaking at a high-profile roadshow held at Manyata Embassy Business Park in Bengaluru on Tuesday (July 08), attended by senior executives from leading global capability centres (GCCs).
The entire world is now looking towards Andhra Pradesh, thanks to its visionary leadership and investor-friendly policies, the Minister said. “With the support of technology giants like TCS, IBM, and L&T, India’s first ‘Quantum Valley’ — modeled after Silicon Valley — is set to be launched in Amaravati within the next six months,” he said adding, “This will be a game changer in India’s technological revolution.”
Further, Visakhapatnam is fast transforming into an IT hub, he said and elaborated on the proactive measures taken by the Andhra Pradesh government under Chief Minister N. Chandrababu Naidu’s leadership to attract investments. “We are offering incentives that no other State in India provides, and A.P. is becoming a destination for cutting-edge technologies,” Mr. Lokesh added.
The roadshow saw participation from top industry leaders, including, MD of Lowe’s India Ankur Mittal; VP of Rolls Royce Hariharan Ganeshan; VP of Saks Global India Madhu Natesan; MD of JC Penney India Kaushik Das; VP of Lululemon Praveen Mysore; Director of Delta Airlines Saif Ahmad Sharif; VP of Victoria’s Secret Vasudharani Srinivasan; senior director of Nasuni India Peddaredepa; CFO of ANJ Kavitha Ramesh; senior VP of Astral Labs Sivanand R. Koteshwar; and CEO of Jaguar Land Rover Lalitha Indrakanti. A.P.’s Secretary IT department Katamneni Bhaskar was also present. The event showcased Andhra Pradesh’s strong commitment to fostering global partnerships and positioning itself at the forefront of next-generation technological development.
Published – July 08, 2025 03:08 pm IST
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