700 firms moved to Andhra Pradesh: claims TDP’s facebook

Hyderabad: Telugu Desam has claimed on it’s official Facebook page that 700 companies have moved out to residuary AP. Claiming that AP is the new business hot spot and trusting Chief Minister N Chandrababu Naidu’s leadership the industrialists are setting up business in AP.

“A strong belief that CBN will bring with it several new opportunities has motivated 700 small and medium businesses to register offices and move to the residuary state of Andhra Pradesh. Definitely a good sign for the coming future,” said the FB post of the TD. Meanwhile, Mr Naidu tweeted that he had “a productive meeting with executives from Isuzu motors and discussed on their expansion plan in AP”. The representatives of Japan based company met Mr Naidu on Tuesday.