Nara Lokesh Invites Russian Firms To Invest In Andhra Pradesh’s Aerospace & Deep-Tech Ecosystem At St. Petersburg Forum | Video
· Free Press Journal

Amaravati: Andhra Pradesh Minister for Human Resource Development, IT and Electronics, Nara Lokesh, has invited Russian space and technology firms to invest in emerging space ecosystem in the state.
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Lokesh, currently on a visit to Russia, is a participator in the Russia–India Business Dialogue at the St. Petersburg International Economic Forum 2026.
He showcased the state's ambitious plans in the space, aerospace, semiconductor, and advanced manufacturing sectors, inviting Russian companies to become long-term partners in Andhra Pradesh's growth story.
VIDEO | At the St. Petersburg International Economic Forum 2026, Andhra Pradesh invited Russian companies to invest in its emerging space, aerospace, semiconductor, and advanced manufacturing ecosystem.
— Press Trust of India (@PTI_News) June 4, 2026
Andhra Minister Nara Lokesh highlighted Sriharikota, home to India’s only… pic.twitter.com/ojcy3yaSWu
Highlighting Andhra Pradesh's strategic importance in India's space ecosystem, Lokesh noted on Thursday that the state's Satish Dhawan Space Centre is India's only operational spaceport and has been the launch site for more than 100 space missions.
"India's only operational space port, the Satish Dhawan Space Centre at Sriharikota, is in my state of Andhra Pradesh. More than 100 missions have launched from this soil," he said.
Andhra CM’s Solution To Falling Birth Rate In The StateAccording to an official statement, the Minister said the state has unveiled its Space Policy 4.0 and is developing dedicated space cities to support research, satellite development, launch systems, and deep-tech innovation.
A key component of the initiative is the proposed Tirupati Space City, spread across 3,000 acres near Sriharikota, which is envisioned as a hub for launch vehicle assembly, satellite manufacturing, avionics production, and next-generation space technologies.
"We aspire to attract close to $4 billion of investment into this ecosystem," Minister Lokesh said.
Delighted to meet Oleg Deripaska, founder of RUSAL, one of the world's leading aluminium companies.
— Lokesh Nara (@naralokesh) June 3, 2026
We had an insightful discussion on the growing role of aluminium in India's industrial and infrastructure growth story- from mobility and renewable energy to construction,… pic.twitter.com/XEdrYz1DGZ
Inviting Russian participation in the state's growing space sector, Minister Lokesh added: "Andhra Pradesh is the natural home for Roscosmos technology partners, propulsion systems, satellite integrators, and space-tech enterprises who want to be part of the world's fastest-growing space economy."
Beyond space technology, the Minister highlighted investment opportunities in aerospace, energy, semiconductors, microelectronics, quantum computing, advanced healthcare technologies, and commodities.
He noted that Andhra Pradesh is already one of India's largest exporters of rice and shrimp to Russia.
#InvestInAP#ChooseSpeedChooseAP
— Lokesh Nara (@naralokesh) June 3, 2026
In Moscow, I met Mr. Ilya Kosyh, Deputy CEO of Ruschem Group, and Ms. Darya Ashanina, Head of International Business. Ruschem is one of Russia’s leading chemical industry groups, with interests spanning gas processing, methanol production,… pic.twitter.com/JJqUlrSTcI
Lokesh also pointed to the state's emerging advanced manufacturing corridor in Sri Sathya Sai District, strategically located near Bengaluru, as a promising destination for aerospace, avionics, drone manufacturing, naval systems, and semiconductor industries.
"As India expands domestic manufacturing under Atmanirbhar Bharat, Andhra Pradesh is creating dedicated clusters for aerospace components, avionics, drones, naval systems, and semiconductors."
#InvestInAP #ChooseSpeedChooseAP
— Lokesh Nara (@naralokesh) June 3, 2026
Visited Moscow’s Advanced Transport Development Center today and was deeply impressed by how seamlessly technology powers urban mobility.
From integrated metro, bus, rail, bike-sharing and scooter networks to AI-driven traffic management, smart… pic.twitter.com/NWuDoYfNDm
Highlighting the long-standing trust between India and Russia, Minister Lokesh called for deeper collaboration in future-oriented sectors.
"The partnership that began with Aryabhata in 1975 is ready for the next orbit. I would request all of you to use Andhra Pradesh as your launch pad."
సెయింట్ పీటర్స్ బర్గ్ ఇంటర్నేషనల్ ఎకనమిక్ ఫోరం (SPIEF) వేదికగా జరిగిన రష్యా-ఇండియా బిజినెస్ ఫోరం సదస్సులో పాల్గొని ప్రసంగించాను. భారత్ - రష్యా నడుమ ఒక అనిర్వచనీయమైన అనుబంధం ఉంది. భారత అభివృద్ధి యాత్రలో కీలకదశల వద్ద రష్యా తోడుగా నిలిచింది. 2030 నాటికి $100 బిలియన్ల ద్వైపాక్షిక… pic.twitter.com/Pvm3zSAS5U
— Lokesh Nara (@naralokesh) June 4, 2026
He extended an invitation to Russian industries, technology enterprises, energy firms, and advanced manufacturing companies to invest in Andhra Pradesh, not merely as investors but as long-term partners in building sustainable growth.
(Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)