Chandrababu Naidu announces Ratan Tata innovation hub in Amaravati

Chief Minister Chandrababu Naidu said the innovation hub that will be established in Amaravati will be named after industrialist and philanthropist Ratan Tata, who recently died.

In Short

• Innovation hub to boost Andhra Pradesh's industrial sector
• Hub to be named after late industrialist Ratan Tata
• Ratan Tata died at the age of 86 recently

Andhra Pradesh Chief Minister Chandrababu Naidu on Monday announced that capital city Amaravati will soon have a Ratan Tata Innovation Hub.

The Chief Minister said that the innovation hub that will be established in Amaravati will be named after industrialist and philanthropist Ratan Tata, who recently died.

Naidu said the innovation hub will certainly take the industrial sector much forward in the state.

Ratan Tata, who led the Tata Group for over two decades and is credited with transforming it into a globally renowned conglomerate, died at the age of 86 at Breach Candy Hospital in the city last week.

The Chief Minister held a review meeting on the policies being adopted for industrial development, MSME and food processing and made it clear that generating employment is the top priority of his government.

Naidu said that industrial policies should be in accordance with this and should pave the way for speed of doing business by attracting investments.

He felt that more exercise is needed on the policy on private industrial parks and decided to bring before the Cabinet the other three policies at its next meeting. As the officials submitted to the Chief Minister the policies formulated on these subjects, Naidu conducted an in depth study on them and also shared his views and experiences with the officials.