Nara Lokesh to Visit Russia on Investment Mission, Set to Engage Global Business Leaders

In a major push to attract international investments and strengthen Andhra Pradesh's position as an emerging economic destination, Minister for Information Technology, Electronics and Communications Nara Lokesh will embark on a six-day visit to Russia from June 2 to June 7.

The visit forms part of the state government's broader strategy to accelerate industrial growth, expand technology-driven investments, and showcase Andhra Pradesh as a globally competitive investment hub.

A key highlight of the tour will be Lokesh's participation in the prestigious St. Petersburg International Economic Forum (SPIEF) 2026 , one of the world's leading platforms for business, investment and economic cooperation. The forum is expected to bring together top industrialists, policymakers, investors and representatives of multinational corporations from across the globe.

During the visit, Lokesh is scheduled to hold a series of meetings with global investors, corporate leaders and industry stakeholders to promote investment opportunities in Andhra Pradesh. The discussions will focus on attracting new projects and forging strategic partnerships across multiple sectors.

The minister is expected to present the state's strengths in areas such as information technology, electronics, digital infrastructure, advanced manufacturing and industrial development , while highlighting the government's investor-friendly policies and ongoing efforts to create a robust business ecosystem.

The Andhra Pradesh government views the visit as an important opportunity to project the state's economic potential on the international stage and attract investments that can generate employment, enhance industrial capacity and support long-term growth.

Officials believe that engagement with global business leaders through platforms such as SPIEF will help position Andhra Pradesh as a preferred destination for international investors seeking opportunities in India's rapidly expanding economy.