Jagan Govt forced LuLu company to invest in Telangana : TDP

Telugu Desam Party leader and former minister Ganta Srinivasa Rao made strong comments against the YSRCP government.

He criticized that the famous Lulu company was kicked out from Visakhapatnam.

He said that the Telangana government gave a warm welcome to Lulu, which left Andhra Pradesh.Fed up with CM Jagan’s State Sponsored Terrorism, Lulu has rejected to invest in AP.He said that the Telangana government, which signed an agreement with Lulu last year, has inaugurated the biggest mall in Hyderabad today."You cant get new investments in AP.You cant save the projects that have already come.When you came to power, Lulu was also reversed in your reverse regime.

Chandrababu Naidu made a lot of efforts to bring investments from Lulu Group to the state.He made many contacts and constantly followed Lulu Group, persuaded to invest in AP.In 2018, Visakhapatnam, a MoU was signed to build a shopping mall, convention center and a five-star hotel with an investment of Rs 2000 crores and the foundation stone was also laid.When YSRCP came to power, Lulu rejected to invest in AP and the neighboring state governments welcomed Lulu with a red carpet.

Such irresponsible actions in our state have damaged the business friendly environment.Due to the lack of job and employment opportunities for the youth, they took the path of the neighboring states.

Save the future of our state in 2024 with the weapon of your vote," Ganta said.