AP launches a massive “Industrial mission” !! To sign 46 MOUs for Rs 36,000 crores !!

andhra big industrial mission 46 mouAndhra Pradesh Chief Minister N Chandrababu Naidu is set to launch Industry Mission on Wednesday at Visakhapatnam at a gathering of industrialists and special invitees. Going overdrive on investments Andhra Pradesh government is signing a fresh round of 46 MoUs with companies planning to set up units with a combined outlay of Rs 35,745 crore coinciding with the launch of ‘Industrial Mission’ on Wednesday, the 29th April 2015. The Industry Mission seeks to contribute to ‘Make in India’ initiative which will give a major thrust to the nation as well as State’s economy.

These MoUs include investments in sectors from petrochemicals to energy, infrastructure, electronics and manufacturing, food processing, textile, automobiles among others, thereby generating 72,210 new jobs in the state, chief minister’s office said in a statement.The list of MoUs also include major public sector and private companies such as HPCL, ONGC, Vizag Steel, Isuzu among others.

The massive event, being organised in Visakhapatnam, will also witness the unveiling of the state’s industrial policy and sector policies apart from the launch of a single-desk portal that promises grant of all clearances within 21 days, by chief minister N Chandrababu Naidu. The Chief Minister will give land allotment letters to Asian Paints, ONGC, KRIBCO and Kurlon for plants they had already proposed to set up in the state. Coinciding with the event, two panel discussions on “Igniting the start-up spirit in AP” and “Creating electronics manufacturing hub in Andhra Pradesh” will be held, according to a statement from the Chief Minister’s Office.
International delegates from embassies of UAE, Japan and Canada apart from the senior executives from HPCL, GMR, HSBC and Citi Group are taking part in the event, according to the chief minister’s office.

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