The Union Minister of State for Communications and Rural Development, Dr. Pemmasani Chandra Shekhar, today urged global investors to “co-author the story of India’s rise,” emphasizing that the nation’s transformation over the past decade stems from a deep Mindset Metamorphosis.

Speaking at the Confederation of Indian Industry (CII) Partnership Summit in Visakhapatnam, in the august presence of the Vice President of India, Shri C. P. Radhakrishnan, he stated that India’s progress was the result of deliberate policy, determined execution, and the unleashing of entrepreneurial energy under the visionary leadership of the Prime Minister Shri Narendra Modi.

The Union Minister of State also highlighted a USD 25 billion opportunity in telecom component manufacturing, assuring that the Ministry of Communications stands ready to fast-track approvals and support new investments.

He emphasized that investing in India means engaging with the world’s largest rising middle class and becoming part of a growth story that will shape global business for decades. “India is not just riding the tide; India is the tide,” he said, calling upon industry to partner in shaping the next chapter of India’s economic ascent.

The Union Minister of State noted that India has moved from the license-raj mentality to a trust-first approach, shifting from viewing entrepreneurs with suspicion to celebrating them as nation-builders.

He highlighted key reforms—USD 1.4 trillion infrastructure investment, USD 26 billion PLI schemes, simplified labour laws, abolition of retrospective taxation, GST-led national market integration, and the Insolvency and Bankruptcy Code—that have transformed India from a consumer to a trusted global creator and partner.

Showcasing the host state, Dr. Chandra Shekhar described Andhra Pradesh as one of India’s most promising investment destinations, crediting Chief Minister Shri N. Chandrababu Naidu for building strong industrial ecosystems. He noted the State’s emergence as sectoral hubs—Cyberabad for IT, Visakhapatnam for industry and fintech, Anantapur for automobiles, and Tirupati for electronics—supported by initiatives like Genome Valley that have strengthened global investor confidence.

He further underscored AP’s advantages, including six major ports, ready industrial land banks, large renewable energy potential, and a governance model focused on speed and facilitation. With young ministers like Shri Nara Lokesh and Shri TG Bharath driving momentum, he said the State is not just investment-ready but investment-hungry.

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MI/ARJ

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