“Will Explain at the WEF That AP Means Business” – CM

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“If you let him, he will have meetings with the investors even at 2 AM in the morning”

Mr Suresh Rayudu Chitturi, Chairman, CII, Andhra Pradesh on Mr Chandrababu Naidu

This statement was made by Mr Chitturi during one of his interactions with Kosta Life. The Chief Minister of Andhra Pradesh, Mr Chandrababu Naidu’s appetite for work and results is very well known. Ever since bifurcation, Mr Naidu made it a point to work towards every aspect of state’s welfare, conducting meaningful discussions with the investors who had evinced business interests in the state.

The recent CII forum also showcased results of the single minded focus put in by the leader in the past one year. Andhra Pradesh is now the center of attention in all the global level forums. The 46th Annual Meeting of the World Economic Forum is now in brisk progress. But Mr Naidu began his work even before landing at Davos.

The CM held some very important investor meetings at Zurich en route. Sharing about the meetings in detail, Mr Naidu stated that there is a strong inclination for the foreign investment to pool into the state, particularly into solar, energy and infra projects.

Here is a recount from the CM’s social diary where he talks about these meetings in detail and also concludes by saying that he will make it a point to speak at the World Economic Forum, explaining how Andhra Pradesh ‘means’ business.

CM’s Notes:

“Zurich Update: Investors keen to make Andhra Pradesh their business

Before heading to Davos for the 46th World Economic Forum Annual Summit, I made a stop-over at Zurich where I met several investors who are very keen on investing in Andhra Pradesh.

I was overwhelmed to hear that they had closely followed the ‪#‎SunriseAP ‬Investment Summit in Vizag. I also had the opportunity to meet some of Indian companies’ CEOs in Zurich.

Elaborating on the opportunities and advantages of Andhra Pradesh, I have welcomed them to set up their offices in Amaravati, the People’s Capital.

Rahul Bajaj, Chairman, Bajaj Auto, Vishal Sikka CEO, Infosys, Sunil Mittal Chairman, Bharti Enterprises, Ajay Piramal, Chairman, Piramal Enterprises Ltd, Suzlon Tulsi Tanti, Chairman, Suzlon were among the 100 CEOs who attended the event.

Here’s a gist of my meetings in Zurich:

Meeting 1: Met with a delegation from leading solar panel manufacturing company, Meyer Burger. They are keen on an export-driven project in Vizag and Rajahmundry.

Meeting 2: Nüesch Development, a company with 20 years experience in sustainable urbanisation, have evinced interest to construct low-energy buildings.

Meeting 3: Jens Weise, Head of Customer Management, BKW Engineering, also discussed his company’s interest in energy projects in the state.

Meeting 4: Franceso Gherzi, Chairman, Gherzi Textile Unit submitted a proposal for mega textile park with an investment of Rs 2000 crore.

Meeting 5: I also met a delegation from Verde International AG. They gave a presentation on their novel technology that doesn’t require dam storage capacity and is eco-friendly.

Meeting 6: Power storage devices manufacturer, Leclanché has come forward to set up a manufacturing facility in India.

Meeting 7: A delegation from Ethical Coffee Company informed that they aim to target the Asian market and attain a market value of $1 billion in 7 years. I suggested that they set up base at Vizag, making it accessible to Araku for coffee production and nearby ports.

I’m confident that some of these meetings will result into investments in our Sunrise state by providing employment and boosting the state’s economy. My efforts to bring investments to Andhra Pradesh are on. At the World Economic Forum too, I will explain that “Andhra Pradesh means business”.




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