AP IT Minister Lokesh says ‘speed of doing business’ is new mantra

Andhra Pradesh IT and Electronics Minister Nara Lokesh said the State government believes that the era of Ease of Doing Business (EODB) is over and Speed of Doing Business (SODB) is the new mantra.

Under the Speed of Doing Business model, the IT Minister said that the southern State aims to move at the fastest pace to create industrial zones for Foxconn and other large global manufacturing firms.

“Our government believes that the era of Ease of Doing Business (EODB) is over. Speed of Doing Business (SODB) is the new mantra and we will aim to move the fastest to create industrial zones for Foxconn and other large global manufacturing firms,” he said in a post on X, following a meeting with a Foxconn delegation.