Speed of doing business is new mantra, says Andhra IT minister Nara Lokesh

Andhra Pradesh IT and Electronics Minister Nara Lokesh said the state government believes that the era of East of Doing Business (EODB) is over and Speed of Doing Business (SODB) is the new mantra.

Under the Speed of Doing Business model, the IT minister said that the southern state aims to move at the fastest pace to create industrial zones for Foxconn and other large global manufacturing firms.