AP delegation signs 11 MoUs in China

Chief Minister Chandrababu Naidu said he was looking at transforming the deep water ports on the AP seacoast as a logistics hub for South East Asia

N Chandrababu Naidu
B Dasarath Reddy Hyderabad
Last Updated : Apr 15 2015 | 1:20 AM IST
A delegation, led by Andhra Pradesh Chief Minister N Chandrababu Naidu, on Tuesday signed 11 agreements in China during his visit to that country.

According to a statement issued by the Chief Minister’s Office, the state industries department signed a pact with China’s Camel Group, a company engaged in research and development, manufacture and distribution and recycling of storage batteries.

The government has also signed memorandums of understanding (MoUs) with China Association of Small and Medium Enterprises, China Council for Promotion of International Trade, New Hope Liuhe Company Limited, a farm industry player among other things.

Also Read

Besides, business to business pacts were signed with Chinese companies by apparel maker Brandix, construction company Transtroy among others.

During interaction with Chinese businessmen, Naidu said he was looking at transforming the deep-water ports on the Andhra sea cost as a logistics hub for Southeast Asia, according to a press release.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 15 2015 | 12:47 AM IST

Next Story