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Lokesh's assurance gave us Immense confidence': says Sagar Defence CEO Nikunj Parashar

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Sagar Defence CEO Capt. Nikunj Parashar highlights Andhra Pradesh's emergence as a maritime technology hub at the 31st CII Partnership Summit, announcing an autonomous maritime shipyard at Juvvaladinne with state government support.

Lokeshs assurance gave us Immense confidence: says Sagar Defence CEO Nikunj Parashar
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Lokesh's assurance gave us Immense confidence': says Sagar Defence CEO Nikunj Parashar

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Visakhapatnam: Sagar Defence Founder and CEO Capt. Nikunj Parashar said Andhra Pradesh is emerging as a key hub for the next generation of maritime technologies under the able leadership of Chief Minister N. Chandrababu Naidu.

Speaking at the 31st CII Partnership Summit in Visakhapatnam, he highlighted the establishment of an autonomous maritime shipyard at Juvvaladinne with the support of the Andhra Pradesh government. Recalling Minister Lokesh's assurance of being just a message away, Capt. Nikunj Parashar stated that it gave immense confidence to entrepreneurs.

Capt. Nikunj Parashar described the initiative as the beginning of a fifth industrial revolution in the maritime sector, driven by the convergence of human intelligence, artificial intelligence and autonomous systems. He thanked Chandrababu Naidu for providing the opportunity and said the company was committed to delivering on the trust placed in it.

Vasu Potnuru
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Vasu Potnuru

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Potnuru Srinivasa Rao (Vasu Potnuru) is an experienced journalist specialised in politics, sports, crime, general topics and tribal stories. With 18 years of writing and reporting expertise, he contributes to The Hans India's editorial department as Principal Correspondent based in Visakhapatnam. Vasu Potnuru completed his Bachelor of Business Management. Earlier, he worked as a staff reporter in a leading Telugu vernacular. During free time, the journalist spends time listening to music, playing cricket and shuttle badminton. Vasu Potnuru, an accomplished writer, honed his expertise in various genres such as politics, crime, sports and general topics. He received an award from the HYBIZ Media Awards for the Best Rural Story in both Andhra Pradesh and Telangana. Also, he bagged the Best Crime Reporter Award in Visakhapatnam. He serves in different unions of working journalists and contributes to service activities.

Tags

Sagar DefenceAndhra Pradesh Maritime HubJuvvaladinne ShipyardCII Partnership Summit 2026Autonomous Maritime Technology
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