The Andhra Pradesh government, on Sunday, announced to release funds towards pending industrial incentives with Chief Minister N. Chandrababu Naidu reiterating the commitment to make the state a preferred destination for business and growth.

The Chief Minister took to his official X account to announce release of Rs 1,500 crore towards pending industrial incentives.

"Deepawali reminds us that light always triumphs over darkness. On this auspicious occasion, our government is releasing the first instalment of Rs 1,500 crore towards pending industrial incentives," CM Naidu said.

"Despite fiscal challenges, we remain steadfast in our commitment to support industry, strengthen investor confidence, and make Andhra Pradesh a preferred destination for business and growth," he added.

The Chief

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