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Andhra Pradesh Cabinet Approves Game-Changing Poli
By: My India Times
2 minutes read 90Updated At: 2024-11-07
In a bold move to establish Andhra Pradesh as a hub for emerging technologies, the state Cabinet, led by Chief Minister N. Chandrababu Naidu, on Wednesday (November 6, 2024), approved three landmark policies that are set to reshape the state's technological landscape. The policies—A.P. Drone Policy 4.0, A.P. Data Centre Policy 4.0, and A.P. Semiconductors and Display Fab Policy 4.0—aim to bolster innovation and attract massive investments, creating thousands of jobs and putting the state on the global tech map.
A Vision for Kurnool: Drone Policy 4.0 to Transform the Region
The highlight of the new initiatives is the A.P. Drone Policy 4.0, which envisions Kurnool district as a major drone hub. This ambitious policy is designed to make Andhra Pradesh a leader in drone technology, offering a significant boost to the state's tech ecosystem. Minister for Information and Public Relations Kolusu Parthasarathy shared with the media that the drone policy will not only generate ₹1,000 crore in investments but will also create 15,000 direct and 25,000 indirect employment opportunities for the youth.
"The state is poised to see a transformative leap, both economically and technologically, with the introduction of the drone policy. Our goal is to create a robust drone industry that contributes ₹3,000 crore in revenue, while also empowering our youth with new job opportunities," Parthasarathy said.
Data Centres and Semiconductors: Fueling Andhra Pradesh’s Tech Revolution
In addition to drones, the state is also investing heavily in infrastructure for data centres and semiconductor manufacturing. The A.P. Data Centre Policy 4.0 aims to position the state as a key player in the data storage and cloud services sector, catering to the increasing demand for secure and scalable digital infrastructure. Meanwhile, the A.P. Semiconductors and Display Fab Policy 4.0 is set to attract global semiconductor companies, turning Andhra Pradesh into a crucial manufacturing base for the next generation of chips and displays.
These policies are expected to drive significant foreign direct investment (FDI) into the state and accelerate the development of high-tech industries that will support everything from e-commerce and fintech to advanced manufacturing and artificial intelligence.
A Hub for Innovation and Growth
Chief Minister Naidu emphasized that the three policies are a part of the state’s broader vision to become a global leader in technology and innovation. "Andhra Pradesh is ready to embrace the future of technology with open arms. These policies are a testament to our commitment to making the state an innovation hub, driving economic growth, and creating a wealth of opportunities for our youth," said Naidu.
Looking Ahead: Empowering Future Generations
With the approval of these policies, Andhra Pradesh is setting the stage for a new era of technological advancement. For young professionals, entrepreneurs, and skilled workers, this is a golden opportunity to tap into a rapidly growing sector that is set to redefine the job market. The state’s investment in high-tech industries also signals a bright future for the people of Andhra Pradesh, one where innovation and skill development go hand in hand.
The focus on drones, data centres, and semiconductors reflects the state’s readiness to adapt to global technological trends, making it an attractive destination for both local and international businesses.
....In a bold move to establish Andhra Pradesh as a hub for emerging technologies, the state Cabinet, led by Chief Minister N. Chandrababu Naidu, on Wednesday (November 6, 2024), approved three landmark policies that are set to reshape the state's technological landscape. The policies—A.P. Drone Policy 4.0, A.P. Data Centre Policy 4.0, and A.P. Semiconductors and Display Fab Policy 4.0—aim to bolster innovation and attract massive investments, creating thousands of jobs and putting the state on the global tech map.
A Vision for Kurnool: Drone Policy 4.0 to Transform the Region
The highlight of the new initiatives is the A.P. Drone Policy 4.0, which envisions Kurnool district as a major drone hub. This ambitious policy is designed to make Andhra Pradesh a leader in drone technology, offering a significant boost to the state's tech ecosystem. Minister for Information and Public Relations Kolusu Parthasarathy shared with the media that the drone policy will not only generate ₹1,000 crore in investments but will also create 15,000 direct and 25,000 indirect employment opportunities for the youth.
"The state is poised to see a transformative leap, both economically and technologically, with the introduction of the drone policy. Our goal is to create a robust drone industry that contributes ₹3,000 crore in revenue, while also empowering our youth with new job opportunities," Parthasarathy said.
Data Centres and Semiconductors: Fueling Andhra Pradesh’s Tech Revolution
In addition to drones, the state is also investing heavily in infrastructure for data centres and semiconductor manufacturing. The A.P. Data Centre Policy 4.0 aims to position the state as a key player in the data storage and cloud services sector, catering to the increasing demand for secure and scalable digital infrastructure. Meanwhile, the A.P. Semiconductors and Display Fab Policy 4.0 is set to attract global semiconductor companies, turning Andhra Pradesh into a crucial manufacturing base for the next generation of chips and displays.
These policies are expected to drive significant foreign direct investment (FDI) into the state and accelerate the development of high-tech industries that will support everything from e-commerce and fintech to advanced manufacturing and artificial intelligence.
A Hub for Innovation and Growth
Chief Minister Naidu emphasized that the three policies are a part of the state’s broader vision to become a global leader in technology and innovation. "Andhra Pradesh is ready to embrace the future of technology with open arms. These policies are a testament to our commitment to making the state an innovation hub, driving economic growth, and creating a wealth of opportunities for our youth," said Naidu.
Looking Ahead: Empowering Future Generations
With the approval of these policies, Andhra Pradesh is setting the stage for a new era of technological advancement. For young professionals, entrepreneurs, and skilled workers, this is a golden opportunity to tap into a rapidly growing sector that is set to redefine the job market. The state’s investment in high-tech industries also signals a bright future for the people of Andhra Pradesh, one where innovation and skill development go hand in hand.
The focus on drones, data centres, and semiconductors reflects the state’s readiness to adapt to global technological trends, making it an attractive destination for both local and international businesses.
By: My India Times
Updated At: 2024-11-07
Tags: andhra-pradesh News | My India Times News | Trending News | Travel News
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