Nara Lokesh Embarks on USA Tour to Spark Andhra Pradesh’s Industrial Revival and Attract Global Investments

In a strategic move to reinvigorate Andhra Pradesh’s industrial sector, which has seen limited growth over the last five years, Minister for Education, IT, and Electronics Nara Lokesh is setting off on a week-long tour to the USA, beginning October 25. Lokesh’s visit aims to attract substantial international investments and boost the state’s industrial landscape.

A highlight of his tour will be his participation in the prestigious annual Synergy conference, hosted by IT Serve Alliance, scheduled for October 29 at Caesars Palace, Las Vegas. This gathering will bring together an estimated 3,000 small and medium-sized entrepreneurs from the IT services sector. Known as a crucial event in the industry, Synergy 2024 focuses on fostering collaboration and innovation, drawing influential figures and thought leaders to shape the future of IT.

Among the distinguished attendees are former U.S. Presidents George W. Bush and Bill Clinton, Secretary of State Hillary Clinton, as well as industry icons like Steve Forbes, Kevin O’Leary, Sheila Bair, and Jack Cass from OpenAI. Lokesh is seen as a prominent voice from Andhra Pradesh, recognized for his initiatives in digital innovation and support for start-ups, making him a valuable participant in discussions on industry growth and transformation.

In a related development, representatives from South Korea, led by Consul General Kim Chang Yun, recently met Lokesh at his residence to explore investment prospects in Andhra Pradesh. The delegation, which included officials from the Korean Exim Bank (KEXIM), expressed strong interest in infrastructure projects across the state. Lokesh detailed various investor incentives, underscoring the state’s commitment to building a supportive environment for international investments.