Chief Minister Y.S. Jagan Mohan Reddy’s interactions with the captains of industry at the World Economic Forum (WEF) in Davos culminated in the clinching of some big business deals for the State, especially the pact signed with the WEF for support to advanced manufacturing that paves the way for a significant reduction in pollution, and manufacturing of world-class products.
Officials of Industries Department and AP-Economic Development Board (AP-EDB) signed a slew of MoUs in various sectors.
The agreements entered with Adani, Greenko and Aurobindo for green energy projects account for a major chunk (₹1.25 lakh crore) of the total investments that were committed.
