Chandrababu Naidu claims exodus of business from Telangana to Andhra Pradesh

Hyderabad: Telugu Desam Party claims on its officials Facebook page that there is a mass migration of industries and commercial houses from Telangana to Andhra Pradesh, lacking supporting statistics.

While the list of firms shifting base to the state has not been revealed on the Facebook but to support its claim a colourful and graphically done image is posted which reads that as many as 700 companies have moved to Andhra Pradesh.

The post, which has no validation, reads that Andhra Pradesh is the new business hot spot and industrialists are moving to the state, as they trust the leadership of Chandrababu Naidu.

“Andhra Pradesh is the new business hot spot! Trust on CBN’s leadership inspiring businessmen to set up businesses!! A strong belief that the new state under the dynamic leadership of 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!” reads the post.

Post on Telugu Desam Party's official Facebook page

Naidu also tweeted that he had “a productive meeting with executives from Isuzu motors and discussed on their expansion plan in AP”.

Had a productive meeting with executives from Isuzu motors & discussed on their expansion plan to AP. pic.twitter.com/Da9W8r9Hfa

— N Chandrababu Naidu (@ncbn) June 25, 2014