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The Hindu·4 min read·medium

Lokesh pitches Andhra Pradesh as hub for Korean tech investments

V
V. Raghavendra
Lokesh pitches Andhra Pradesh as hub for Korean tech investments
AI Summary

Andhra Pradesh IT Minister Nara Lokesh is courting South Korean technology companies to invest in the state's startup ecosystem. He highlighted incentives for the Ratan Tata Innovation Hub and proposed an India-Korea Startup Corridor.

IT & HRD Minister Nara Lokesh on Monday said the Andhra Pradesh government aimed to create 20,000 startups and one lakh jobs over the next five years under the slogan ‘One Family, One Entrepreneur’ through the Ratan Tata Innovation Hub (RTIH), and that it offered immense opportunities for South Korean companies to collaborate across a range of technology sectors.

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