Andhra Pradesh Chief Minister YS Jaganmohan Reddy today spoke with the media regarding setting up new industries in the state. YS Jagan pointed out that three inaugurations were made today and almost 9 foundation stones were laid. He has also said that 1 MoU plant will be signed today.
He said that 386 MoUs signed in Vishakapatnam are going forward. YS Jagan stated that almost 13 lakh crores of investments came forward through these MoUs which will result in 6 lakh direct jobs. Also, Jagan said that this program is moving forward at a rapid pace every month and the government needs to stand beside the industrialists for that.
During his speech, Jagan said that he is making sure that 70 percent local importance will be given to this program. Through today’s program, he said that almost 7,000 direct jobs will be created. To all the industrialists, YS Jagan assured them that the entire department is for them and is only a phone call away.