T.G. Bharat, MLA of Kurnool, assumed office as the Minister for Industries, Commerce, and Food Processing in Andhra Pradesh on June 20, 2024. He outlined the government’s vision to boost industrial growth akin to Gujarat, aiming to establish a financial hub like GIFT City. Bharat pledged to create a favorable environment for entrepreneurs, including releasing pending incentives and honoring previous MoUs. Immediate actions included advancing the Visakhapatnam-Chennai Industrial Corridor and extending lease terms for APIIC lands. The event was attended by senior officials from the department, signaling a proactive start to industrial development initiatives under his leadership.