| | AUGUST 20234It looks like the Chinese boom in the business realm is finally slowing down, and the experts worldwide have one voice in predicting that India is next in line to take the baton. According to industry experts at the renewable energy conference REConIndia 2023, which concluded a few months ago, India has the potential to attract an investment of over $20 billion in renewables alone in 2023. The manufacturing sector as a whole tells the same story. For instance, the billionaire Elon Musk-led Tesla has started discussions with the Indian government for an investment proposal to set up a car factory in the country with an annual capacity of as many as 500,000 electric vehicles.The union government has been excellent in creating a favorable environment for investors to thrive in the country. The initiatives like Make-in-India and Atma Nirbhar Bharat have helped significantly. In truth, the state governments have a big role to play in adding fuel to this new drive by further making the process easier for investors. For instance, the Andhra Pradesh government has launched a one-stop digital platform for investors to ensure business-specific approvals for setting up businesses are granted within a maximum time frame of 21 days. The initiative has already proven to be fruitful as Elista, an electronics firm, recently signed an MoU with the Andhra Pradesh government to invest Rs 100 crore in setting up its second manufacturing plant in Andhra Pradesh. We dedicate this special issue to leaders from the state.Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comCreating A Favorable Ecosystem Vol 04 · Issue 5 - 1 ·AUGUST, 2023 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan NoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comAdvertising ManagersSaurav Saraswat To subscribeVisit https://www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs. 150 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Senior Designer Girish M Designers Hari Shankar P A Asokan S VVP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Team Hima P. M. Roshan Akthar P. Tejaswini Editorial
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