00:00The IT and Electronics Minister, Lokesh, visited the US for the second day to get the state's support.
00:08Lokesh met with Equonex Data Center Global MD, Kaushik Joshi, Senior Strategic Sales Engineer, Robert Allen, from San Francisco.
00:20They explained the data services and programs provided by the company to the minister through a PowerPoint presentation.
00:26Lokesh explained that there are more than 260 international business exchange data centers in the world.
00:33Lokesh also explained the possibilities of establishing a data center in Andhra Pradesh.
00:38In the Electronics Policy announced by the AP government,
00:41Lokesh also said that power subsidies, stamp duty incentives, and increased incentives should be introduced.
00:48Lokesh also invited Equonex to establish a data center in Andhra Pradesh, which is a very favorable environment for the people of India.
00:56Lokesh also said that Equonex will provide all kinds of assistance if it comes forward.
01:31Lokesh also said that he has decided to make Karnool district a drone valley.
01:36Lokesh also said that he is planning to make Ommadi Chittoor and Kadapa districts into an electronics hub.
01:43Lokesh also said that he is developing a biofuel ecosystem in Prakasam district as part of the development center.
01:49Lokesh also said that $5 billion worth development work is going to be done in Krishna Guntur Capital Region.
01:55Lokesh also said that construction work in Amaravathi will start from December.
01:59Lokesh also said that TCS will start its work in Vizag soon.
02:04Lokesh also said that there will be a data revolution in India and that $300 billion in electronics will come.
02:10Lokesh also said that various sectors in America are working hard to come to the AP and participate in the national development.
02:30Lokesh also said that the economic development board has been restarted.
02:36Lokesh also said that Amaravathi, which was on a pause, will now be accelerated.
02:40Lokesh also said that the government of India has been very kind and we are going to see close to about $5-6 billion worth of investment coming in to a greenfield city that India has not really built for the last few decades.
02:52This will be in a true spirit a greenfield city where it's not just about capital alone, it's about social infrastructure, creating economic activity.
02:59So Amaravathi will be on hyper drive and works are expected to start by December.
03:05As Honorable Prime Minister said, Vikasid Bharat, agenda of 2047.
03:10Taking it from that, we are coming with Vikasid Andhra Pradesh, going to launch in November.
03:15We are going to have key performance indicators going back and driving us on a quarterly basis what should be delivered, what got delivered, where do we stand and so on and so forth.
03:24So I welcome all of you to come revisit Andhra Pradesh.
03:28I understand the last five years was not exactly conducive to environment, but we are here.
03:33We are here to re-energize the entire ecosystem.
03:36We want to ink, sign, close everything in the first year so we can focus a greater part of the next four years on execution and delivery.
03:44Google CTO, Prabhakar Raghavan, General Atomics CEO, Dr. Vivek Lal, Neo Tribe Ventures Founder, Kittu Kolluri, General Catalyst MD, Neeraj Arora,
03:55I-Space President Rajesh Kottapalli, CFO Prasad Papudesi, Google Maji Adhikari, Sarin Suvarna, Smyota Company President,
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