Startup Revolution: Companies flock to AP under CM Jagan’s Regime

Ever since CM Jagan came to power, some have been spreading bad propaganda that the industrial sector has become stagnant in Andhra Pradesh. But the reality is different. The statistics released by the central government make it clear that all kinds of industries are coming to AP. Recently, AP has been making progress in terms of startups. After 2018, a lot of startup companies flocked to AP. Most notably, 650 percent more start-up companies came to AP during Jagan’s period than during Chandrababu’s regime. The number of companies being formed every year is increasing. Since 2018, 1,806 startup companies have flocked to AP. With the arrival of companies, the income of AP is increasing and employment opportunities are increasing for the local youth.

Also Read: Deputy CM Bhatti’s tributes at Gaddar’s grave: Visits family at residence

Since coming to power, the yellow media has been spreading false propaganda against CM Jagan Mohan Reddy’s rule. Their campaign, even though political, is looking to bring disrepute to the state and cripple the progress of the state. This is becoming a hindrance to the progress of AP. Especially the TDP and Janasena parties are making serious accusations against the industrial sector saying that after Jagan’s arrival, not even a single industry came to AP. However, the reports and statistics given by the central government show that the actual situation is different. Once again it is clear that all types of industries are flocking to AP.

Also Read: YSRCP Rajya Sabha Nominees Confirmed, Who Are Chosen Candidates?

Recently, the central government has released a report regarding start-up companies. AP is making progress in terms of startup companies as well. After 2018, a large number of startup companies have moved to Andhra Pradesh. It is remarkable that there are 650 percent more start-up companies than during Chandrababu’s regime. The report made it clear that the number of companies being formed every year is increasing. Since 2018, 1,806 startup companies have flocked to AP. With the arrival of these companies, the income of Andhra Pradesh is increasing and employment opportunities are increasing for the local youth. If the truth is like this, the yellow media is spending a lot of time spreading false propaganda on AP for politics. Under Jagan’s rule, welfare and development are both being given importance. People expect that CM Jagan, who is leading Andhra Pradesh in its progress by balancing all the communities, should be crowned once again. Those who are spreading false propaganda about the progress of AP for the sake of politics are once again going to sit in the opposition.

Arrival of Start-up Companies in AP by year:

Year	No. of Companies
2016	4
2017	100
2018	137
2019	162
2020	215
2021	286
2022	382
Total	1,806

In light of these numbers, it is interesting to not that only 241 companies came in the entire time period under Chandrababu’s rule.

🔸Startups In Andhra Pradesh Rise By 650% In Last 4 Years 💹🚀

• Startups registerd In 2016 : 4

• Startups registerd In 2017 : 100

• Startups registerd In 2018 : 137

• Startups registerd In 2019 : 162

• Startups registerd In 2020 : 215

• Startups registerd In 2021 :… pic.twitter.com/51TgCf0KeD

— Andhra Pradesh Infra Story (@APInfraStory) January 9, 2024