Investors not confident about investing in Andhra: Chandrababu
Telugu Desam Party (TDP) national president N. Chandrababu Naidu on Saturday alleged that not a single Investors not confident about investing in Andhra Pradesh.
He slammed Chief Minister Y.S. Jagan Mohan Reddy over Investors not confident Andhra Pradesh slipping to the 14th position among states in Foreign Direct Investment (FDI) flow.
Nara Chandrababu Naidu is an Indian politician and current leader of opposition of the Andhra Pradesh Legislative Assembly. He was also the leader of the opposition of the Andhra Pradesh Legislative Assembly from 2004 to 2014.
The former Chief Minister said that Andhra Pradesh which was once among the top 5 Indian states attracting FDIs, has now nosedived to the bottom of the list and ranks 14th.
The leader of opposition alleged that India’s richest Chief Minister Y.S. Jagan Mohan Reddy is only concerned about his own wealth and PR.
“He doesn’t care about FDIs or the jobs they can create for the youth of AP. AP deserves better,” Naidu said in a tweet.
According to the information shared by the Centre in Parliament in March this year, Andhra Pradesh attracted FDI to the tune of $511.7 million between October 2019 and March 2022.
Maharashtra, Karnataka and Gujarat held the top three positions in FDI equity inflow.