The Minister of Investments and Infrastructure, BC Janardhan Reddy, interacted with investors in the Aviation sector, in the Secretariat of Amaravati on Tuesday. | Photo credit: special arrangement
The Andhra Pradesh government is working decisively to transform the State into an aviation center, roads and buildings, investments and infrastructure BC Janardhan Reddy said Tuesday.
Directing the media after a series of high -level meetings with investors in the Secretariat, the minister said that several industrialists and investors who previously doubted were now showing interest in investing in the state.
“The positive investment climate in the state is attracting leaders in the aviation sector throughout the country,” he said.
Duration The meetings, many industry leaders expressed their willingness to invest a lot in aviation -related projects. Abhiram Chava, CEO of Magnum Wings, proposes an investment of ₹ 1,500 million rupees in evtols and manufacturing of drones, with ₹ 350 million rupees in the initial phase.
Captain Shirish, director of the Aristotle Aviation Academy, expressed interest in establishing a aircraft simulation training unit with an estimated investment of ₹ 600 million rupees.
The Divya Captain, director of Eplane Company, plans to invest ₹ 1.2 billion rupees in Evtols and Air Taxi Manufacturing, with ₹ 270 million rupees destined for the first phase.
Published – April 16, 2025 05:30 am isth
