NRTs should invest in State, not forget their roots: N Chandrababu Naidu

NRTs should invest in State, not forget their roots: Naidu

VIJAYAWADA:  Inviting the Non-Resident Telugus (NRTs) to invest in the State, Chief Minister N Chandrababu Naidu assured them that the state government would extend all necessary support for the investors to establish industries in Andhra Pradesh. He appealed to the NRTs not to forget their ‘janmabhoomi’, and to contribute for its development.After laying the foundation for ‘NRT Icon’ at Rayapudi here on Friday, Naidu said that he has focussed on the IT sector since the beginning of his governance.

“I have gone around various global companies with an intention of making them invest in AP, for creating jobs for you. Now, even as you continue working in different countries, you have to do your bit for your janmabhoomi. You also have to promote the NRT Icon in the countries that you are working in, so that investments would flow into the State,” he said.

More than 100 companies expected to set up shop in the NRT Icon

The NRT Icon will have 33 floors with 11 lakh sqft built-up area, and is estimated to cost Rs 500 crore.
The tower has 120 units of office spaces for which 500 applications have already been received by the AP NRT Society. More than 100 companies, mostly from the IT sector, are expected to setup shop in the NRT Icon, providing direct employment to 5,000 people and indirect employment to 20,000 people. Earlier, minister for NRI affairs Kollu Ravindra said that around 30 lakh Telugus were working in around 120 different countries across the world.

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