Nara Lokesh at the World Economic Forum: Promoting IT and Development Initiatives
Nara Lokesh, Andhra Pradesh’s Minister for IT, Electronics, HRD, and Education, has been actively advocating for the state’s development at the World Economic Forum in Davos. His engagements have focused on fostering partnerships in IT and renewable energy sectors, showcasing Andhra Pradesh as a hub for innovation and sustainability.
MasterCard Collaboration: Enhancing IT and Digital Services in Andhra Pradesh
- Meeting with Raja Rajamannar:
Nara Lokesh met MasterCard Healthcare Marketing Chief Raja Rajamannar to explore the possibility of establishing a development center in Andhra Pradesh. - Discussion Highlights:
- Lokesh emphasized Andhra Pradesh’s potential for IT development and workforce skill enhancement.
- Rajamannar revealed MasterCard’s plans to introduce the “Passkey” payment service in India, promoting secure OTP-based online transactions.
- MasterCard aims to transform 50 million businesses globally, focusing on sectors like agriculture, healthcare, and education.
- Next Steps:
A final decision on expanding MasterCard’s operations in Andhra Pradesh will be taken after board consultations.
Roundtable on Climate Action: Nara Lokesh’s Vision for Sustainable Energy
Advocating Environmental Conservation at Davos
During the World Economic Forum, Nara Lokesh participated in a roundtable discussion on “Environmental Conservation and the Future of Climate Action”, attended by global leaders including the Queen of Jordan, the former Prime Minister of Portugal, and UNESCO’s Chief Scientist.
- Key Messages from Lokesh’s Speech:
- Highlighted Andhra Pradesh’s ambition to become a global leader in renewable energy.
- Shared insights on the state’s Integrated Clean Energy Policy aimed at reducing carbon emissions through clean and sustainable energy solutions.
Andhra Pradesh’s Renewable Energy Initiatives
- Investment target of ₹10 lakh crore in renewable energy, creating 7.5 lakh jobs.
- Plans for 29 pumped-storage power projects.
- Home to the world’s largest Integrated Renewable Energy Storage Project (IRESP).
- Renewable energy capacity goal of 18 GW by 2030.
Nara Lokesh’s efforts at the World Economic Forum have strengthened Andhra Pradesh’s position as a hub for IT development and sustainable energy solutions. His focus on fostering global collaborations highlights the state’s potential for long-term growth and innovation.
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