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AP Minister Nara Lokesh apologises to Amara Raja, seeks fresh investments

The Hindu BusinessLine
AP Minister Nara Lokesh apologises to Amara Raja, seeks fresh investments

Andhra Pradesh Minister for IT & Human Resources, Nara Lokesh, has on Thursday apologised Jayadev Galla, Co-founder and Chairman, of Amara Raja Energy & Mobility.

Previously Andhra Pradesh based company had shifted its headquarters and investments to Telangana during the YSR Congress Party (YSRCP) Government in Andhra Pradesh when it was in power during 2019-24.

For over four decades, Amara Raja has been more than just one of Andhra Pradesh’s greatest industrial success stories. It has created world-class manufacturing, generated thousands of jobs, and carried the name of Chittoor and Andhra Pradesh across India and the world, Lokesh said.

“The harassment your company endured under the previous government should never have happened. An entrepreneur who chose to build in his home state deserved encouragement, not intimidation. It pains me that a company born in Andhra Pradesh had to look beyond our borders for its next chapter of growth,’’ the AP Minister said.

Inviting Amara Raja back to Andhra Pradesh, Lokesh said: “As we rebuild trust, Andhra Pradesh is once again open for enterprise. We hope Amara Raja’s biggest chapters will still be written in the state where its journey began. Our doors, and our hearts, will always remain open. Best wishes on your new Telangana facility,’’ he said.

On Wednesday Amara Raja Advanced Cell Technologies commissioned its Customer Qualification Plant (CQP) at its Giga Corridor in Mahbubnagar, Telangana with an investment of ₹500 crore.

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Original Headline

AP Minister Nara Lokesh apologises to Amara Raja, seeks fresh investments