The proposed investment to build a world-class city of Amaravati is Rs. 45000 crores. There is great scope for innovations and the private companies’ participation is very crucial to achieve the objective of building this economic hub besides a happy livable place.
Speaking as chief guest in the Annual meeting on “Startups “ at Confederation of Indian Industry (CII), Vijayawada Mr. Sreedhar shared this information and further added that the pooling of roughly 33,000 acres for the building of Amaravati city was itself an innovation, which hardly had any parallels in the world.
At Tadepalli in the Guntur district, a National Startup Center is being promoted jointly by A.P Innovation Society and CII to encourage the young entrepreneurs and they will be provided maximum support by the Government besides the corporate sector.