Andhra Pradesh Eyes IT Growth Amidst Global Uncertainties: Minister Lokesh's Insights at WEF 2025

At the World Economic Forum 2025, Andhra Pradesh's IT Minister, Nara Lokesh, discussed India's H-1B visa concerns and emphasized the state's commitment to IT growth. He highlighted India's potential for double-digit economic expansion and the significance of global platforms in showcasing India's opportunities and culture.

At the World Economic Forum Annual Meeting 2025, Andhra Pradesh Minister for IT and Electronics, Nara Lokesh, addressed concerns about the potential impact of U.S. immigration policies under Donald Trump's administration, particularly focusing on the H-1B visa policy. In an exclusive conversation with ANI, Lokesh stated, "I think there's a clear thing that the H-1B policy will not be changed, though pre-election has some rhetoric. But post-election, I think things have changed. There's a bit more calmness on that. We have to wait and watch."

The H-1B visa allows U.S. companies to employ skilled foreign workers in fields like technology, engineering, and finance, and it is widely used by Indian IT professionals seeking employment opportunities in the United States. Lokesh emphasized that despite global uncertainties, Andhra Pradesh remains committed to fostering IT growth. "As a state, we are presenting amazing opportunities back home. Many global capability centers (GCCs) are planning to announce investments in our IT capital, Visakhapatnam," he noted. "Over the next two years, we aim to position Andhra Pradesh as a leading IT destination."

Expressing optimism about India's economic potential, Lokesh stated, "I truly believe India can achieve double-digit growth if all states contribute effectively. This is essential to fulfill the Honorable Prime Minister's vision of 'Viksit Bharat' by 2047." He highlighted the significance of platforms like the World Economic Forum, remarking that India has successfully organized global events to attract world leaders. Davos offers a unique platform to showcase our country's potential. While there's no need to compete with Davos, India can host similar events to present our talent, opportunities, and rich culture to the world.

Lokesh concluded by highlighting Andhra Pradesh's proactive approach to leveraging global platforms while reinforcing India's position as a hub for innovation and growth. "There's no need to compete, but we can actually supplement and host various other events in our great nation. And that's the way we can showcase not only our talent, not only areas of opportunity in this, but actually our culture of, you know, our amazing country, India", he said.

(With inputs from agencies.)