Nara Lokesh: The New Face of Andhra Pradesh IT — Political Rise, Family & Net Worth 2025

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This article delves into Nara Lokesh’s biography, political trajectory, family lineage (of the Nandamuri-Nara dynasty), declared assets, controversies, and his vision as AP’s IT minister.

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In June 2024, Nara Lokesh took charge as Andhra Pradesh’s Minister for IT, Electronics & Communication, Real Time Governance, and Human Resources Development in the Chandrababu Naidu cabinet. With a legacy name, an elite educational background, and a rapidly growing asset portfolio, Lokesh has become one of the most prominent political figures in the state. But how did he get here — and what exactly is his net worth, influence, and family background?

1. Political Appointment & Current Role

  • After the 2024 Andhra Pradesh elections, N. Chandrababu Naidu formed his fourth ministry on 12 June 2024, naming Lokesh as one of 24 ministers.
  • He took over the portfolios of Information Technology, Electronics & Communication, Real Time Governance (RTG), and Human Resources Development.
  • Previously, Lokesh had served as the IT & Panchayat Raj minister in 2017–2019 under Naidu’s earlier term.
  • Within party ranks, he is also a key figure: he continues as General Secretary of Telugu Desam Party (TDP).

2. Early Life, Education & Entry Into Politics

  • Date of Birth: 23 January 1983
  • Place of Birth: Hyderabad, Telangana (then part of unified Andhra Pradesh)
  • Belongs to the Nandamuri–Nara family, a political and film dynasty: son of N. Chandrababu Naidu, grandson of N.T. Rama Rao.
  • Education:
    • BSc in Management Information Systems from Carnegie Mellon University (2004)
    • MBA from Stanford University Graduate School of Business (2008)
  • Before full political engagement, he had engagements in e-governance and developmental projects (some reports link him to work tied to NTR Trust and developmental initiative.
  • His political grooming started early — he worked behind scenes (as campaign strategist etc.) before formally entering public office.
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via: Wikipedia

3. Electoral & Office Career

  • In 2017, Lokesh was appointed Member of Legislative Council (MLC) and inducted into the cabinet.
  • In 2019, he contested the Mangalagiri Assembly seat but lost.
  • In 2024, he contested again from Mangalagiri and won — thus becoming an MLA.
  • His legislative roles now include both ministerial and party leadership duties.

4. Asset Declaration & Net Worth

  • In his 2024 election affidavit, **Lokesh and family declared assets worth ≈ **₹ 5,42,17,67,034 (~₹ 542.18 crore)
  • Liabilities declared: ~ ₹ 18,49,23,996 (~₹ 18.49 crore)
  • Growth: Assets were ₹ 373.67 crore in 2019; the increase to ~₹ 542 crore marks ~45% growth over 5 years.
  • Breakdown:
    • Movable assets (shares, stocks, business holdings): ~ ₹ 394.09 crore
    • Immovable assets (real estate in Hyderabad’s Jubilee Hills, Manikonda, Madinaguda, Madhapur): ~ ₹ 148.08 crore
  • Income (FY 2022–23): ~ ₹ 9.50 crore from business, rentals, dividends etc.
  • Note: These figures are self-declared and reflect family assets (Lokesh + spouse + dependent).
  • Because he is among Andhra Pradesh’s top wealthy legislators, Lokesh’s name features in national wealth reports.

5. Nara Lokesh Family & Personal Life

  • Father: N. Chandrababu Naidu (Chief Minister of AP, TDP chief)
  • Mother: Nara Bhuvaneshwari
  • Spouse: Brahmani Lokesh
  • Children: 1 son, named Devansh Lokesh
  • The family is deeply tied to the Nandamuri–Nara family, significant in Andhra Pradesh politics and the Telugu film-political environment.
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Via: x.com/brahmaninara

Related: Google AI HUB – Google Launches First AI Hub in India with $15B Investment & Strategic Vision

6. Criticisms, Legal Issues & Challenges

  • Lokesh’s affidavit mentions 17 criminal cases filed against him.
  • Some media cite specific cases including disputes related to the Amaravati Inner Ring Road (IRR) and others.
  • The rapid rise in assets often draws questions among political observers and critics — especially regarding valuations and sources of increase.
  • His close relation to the Chief Minister (father) invites scrutiny over nepotism or preferential treatment.
  • As IT minister, expectations are high; delivering on digital infrastructure, governance modernization, and private investment will be seen as litmus tests.

7. Vision, Initiatives & Recent Moves

  • Lokesh has emphasized that the era of “Ease of Doing Business (EODB)” must evolve into “Speed of Doing Business (SODB)” — pushing for faster clearances and investment processes.
  • In 2025, he invited BlackBuck (logistics tech company) CEO Rajesh Yabaji to consider setting up operations in Visakhapatnam (Vizag), positioning AP as a tech / logistics alternative to Bengaluru.
  • As part of investment promotion, Lokesh secured MoUs:
    • ANSR to build a GCC Innovation Campus in Vizag (10,000 jobs projected)
    • Sattva Group to develop a mixed-use campus (30 acres) at Vizag (~ ₹ 1,500 crore)
  • In a speech at an ICAI conference, he announced Andhra Pradesh’s goal to become a $2.4 trillion economy by 2047, leveraging AI, knowledge economy, decentralized development.
  • He also announced a 3% sports quota in the state to strengthen grassroots athletics and parity in opportunity.
  • Lokesh often emphasizes tech, education reform, and digital governance as pillars of his ministerial agenda.

FAQs

1. What is Nara Lokesh’s declared net worth?

He declared around ₹ 5,42,17,67,034 (~₹ 542.18 crore) in asset value in 2024, with liabilities of ~₹ 18.49 crore.

2. How much did his assets increase compared to 2019?

His assets rose from ₹ 373.67 crore in 2019 to ~₹ 542 crore in 2024 — a growth of ~45%.

3. Which portfolios does he hold in the Andhra Pradesh government?

He is the minister for IT & Electronics, Real Time Governance, Human Resources Development, and Communications since June 2024.

4. What is his educational background?

He has a BSc in MIS from Carnegie Mellon and an MBA from Stanford University.

Yes, his affidavit discloses 17 criminal cases. He is also subject to scrutiny over the growth of his assets, association with his father, and public expectations of integrity and performance.

6. What are some recent initiatives he has launched?
  • Pushing “Speed of Doing Business” rather than just ease of doing business
  • Attracting companies like BlackBuck to set up in Vizag
  • Signing MoUs with ANSR and Sattva for IT & infrastructure investments in Vizag
  • Announcing the state’s economic vision: $2.4 trillion by 2047 with tech and AI as supports
  • Instituting 3% sports quota for athletes and promoting grassroots sports

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