Hyderabad: Chief Minister N Chandrababu Naidu called on the Telugu NRIs to move beyond being job seekers and become job creators. Addressing a Telugu diaspora gathering in Zurich on the first day of his Davos tour, he said his satisfaction lies in seeing the Telugu community thrive globally across all sectors.
Naidu announced the creation of a Rs 50 crore AP NRI Corpus Fund to support entrepreneurship and industrial ventures among NRIs.
He also declared that the government would provide loans at 4% interest with State guarantees to help students pursue higher education abroad. In addition, he revealed plans to establish a major research hub, ‘AP First,’ in Tirupati in collaboration with IIT and IISER, aimed at fostering innovation and youth employment.
Recalling his early visits to Davos, Naidu noted that the Telugu presence was once negligible but has now grown significantly, with communities spread across 195 countries and NRI networks in 148.
