Chandrababu Naidu in China to scout for Chinese funds for new capital

With an intention to bring electronics manufacturing firms to Andhra Pradesh, Chief Minister Mr. Nara Chandrababu Naidu headed to China to discuss and promote the compatibility of the state for their investments. He met the representatives of Xiaomi, Foxconn, Sinoma to invite them to invest in the state of Andhra Pradesh. He also presented a special documentary covering all related aspects in this regard.

Presenting Andhra Pradesh as industrial hub, he insisted that the Chinese firms can set up their offices in and around the new state capital Amaravati and all the firms willing to set up their base in Andhra Pradesh would get all the relevant approvals within 21 days.

He also further raised that India is importing hardware products of worth 300 crore billion dollars from China every year and moving forward India would want to reduce imports and create "Made in India" concept by asking China to set up their firms in India, and recommended Andhra Pradesh to be compatible for their ventures. He assured them that there will not be any water shortage or power shortage to the firms and additionally he would grant some special allowances. He further added that Andhra Pradesh has got beautiful tourism which he wants to develop further.



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