AP govt succeeded in wooing MNCs at Davos: Chandrababu Naidu

Image
Press Trust of India Vijayawada
Last Updated : Jan 25 2016 | 11:28 PM IST
Andhra Pradesh government's efforts at World Economic Forum in Davos to attract MNCs to invest in the state have proved to be successful, Chief Minister N Chandrababu Naidu claimed here today.
"The government gave wide publicity to its 'Sunrise Andrha Pradesh' and 'Make in Andhra' at Davos. The multi-national units also appreciated our efforts to build Amaravati (new capital of AP) with a new concept," Naidu told reporters.
He said "the world knows that while India's economic growth stood at 7-8 per cent, that of Andhra Pradesh at 11.5 per cent whereas other countries including China are facing recession".
Naidu said he had invited University of Cambridge and University of Singapore to set up their campuses in the state.
"Setting up of such universities would show the way for our youths to improve their knowledge and skills," the CM added.
He said that companies like Airbus, Nestle, Siemens, besides leading industrialists have evinced their interest in investing in AP.
*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: Jan 25 2016 | 11:28 PM IST

Next Story