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Mr. V Sreedhar Reddy

Achiever's Success Story

Mr V Sreedhar Reddy’s noteworthy journey of 24 years

Mr. V Sreedhar Reddy is a seasoned professional with an impressive 24 years of experience in global banking, financial services, and information technology. Currently serving as the General Manager – IT Policy/Investment Promotions at APEITA – ITEC Department, Government of Andhra Pradesh, he plays a pivotal role in spearheading operations related to IT promotions and investment initiatives for the state.

In his capacity as the General Manager, Mr. Reddy is entrusted with several key responsibilities that contribute to the growth and development of the IT sector in Andhra Pradesh:

Strategy Development: Mr. Reddy is instrumental in developing and implementing strategies aimed at promoting Foreign Direct Investment (FDI) and trade within the IT sector. His efforts align with the economic and technological goals of the country.

Investor Outreach: With a focus on attracting foreign investors, Mr. Reddy actively identifies and targets potential stakeholders. He engages in networking events, conferences, and seminars to showcase the IT opportunities, regulatory advantages, and investment incentives offered by Andhra Pradesh.

Partnership Building: Recognizing the importance of collaboration, he establishes and nurtures relationships with IT industry associations, chambers of commerce, diplomatic missions, and international trade bodies to facilitate knowledge exchange and enhance collaboration.

Regulatory Guidance: Mr. Reddy provides essential guidance to foreign investors, offering insights into regulatory frameworks, investment policies, legal requirements, and procedures for setting up businesses within the IT sector.

Trade Missions: To further the global presence of Andhra Pradesh’s IT industry, he organizes and participates in trade missions to IT conferences and exhibitions worldwide, fostering connections between local companies and international partners.

Incentive Programs: To attract IT companies, Mr. Reddy actively develops and promotes investment incentive programs, including tax incentives, grants, and subsidies.

Market Analysis: Keeping a finger on the pulse of the industry, he conducts thorough market research to identify emerging trends, potential markets, and competitive landscapes within the global IT sector.

Policy Advocacy: Collaborating with government bodies, Mr. Reddy advocates for policies that facilitate cross-border IT trade, reduce trade barriers, and create a favorable investment climate.

Sector Promotion: Through collaboration with marketing and communications teams, he actively promotes the strengths and opportunities within the country’s IT sector.

Performance Tracking: Constantly monitoring the effectiveness of FDI and trade promotion initiatives, Mr. Reddy analyzes investment inflows, trade volumes, and economic impact to refine strategies.

Beyond his role responsibilities, Mr. Reddy has achieved significant milestones and contributions to the IT sector:

Organized Impactful Events: Under his leadership, Mr. Reddy organized impactful IT & Electronics events, including the CXO Conclave in Vijayawada 2020, DESI 2021, AMRIT 2022 in Visakhapatnam, and the launch of YSR Kopparthy Electronics Manufacturing Cluster (EMC) in 2021.

Global Investor Summit: Successfully conducted the Global Investor Summit in March 2023, Visakhapatnam, showcasing the state’s IT opportunities on a global platform.

Revenue Generation: Generated revenue of 1000 Crores through investments by Tier-II IT companies from the USA in Visakhapatnam, with ongoing land allotment and approval processes.

In recognition of his exemplary contributions, Mr. Reddy has received numerous certifications, awards, and honors, including an Honorary Doctorate in Business Management, Information Technology, and Finance from the British National University of Queens Mary, UK. His dedication and leadership have earned him accolades such as the Most Prominent IT/ITeS Industry Leader in Andhra Pradesh for 2023 and the IT Leadership Excellence Award – 2023 by Global Pride Awards. Mr. V Sreedhar Reddy is truly a trailblazer in the field of Information Technology and Finance, contributing significantly to the growth and recognition of the IT sector in Andhra Pradesh.

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