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Ratan Tata Innovation Hub in Amaravati soon

It will be a centre for skill development, start-ups

by Blitz India Media
October 17, 2024
in Business & Economy
Chandrababu
Blitz Bureau

AMARAVATI: The Government of Andhra Pradesh will soon establish Ratan Tata Innovation Hub in Amaravati, Chief Minister N. Chandrababu Naidu said here on October 14.

The hub will be a centre for skill development, start-ups, facilitation centre and innovation, the Chief Minister said. Such hubs will be set up at five places in the state and one major company will be the mentor for each hub. Naidu hoped that the innovation hubs will take the industrial sector much forward in the state.

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The Chief Minister held a review meeting on the policies being adopted for Industrial Development, MSME and Food Processing.

The Ratan Tata Innovation Hub is expected to play a pivotal role in driving forward the state’s industrial sector, aligning with Andhra Pradesh’s goals of fostering innovation and enhancing ease of doing business. It aims to serve as a beacon for future entrepreneurs and investors alike.

Naidu said the industrial policies being framed should be in accordance with the objective of employment creation while the speed of doing business to attract investments. He said all the key policies should be placed before the Cabinet at its next meeting.

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