Vijayawada: Chief Minister N. Chandrababu Naidu has reiterated the advantage and ability of Andhra Pradesh as a state to fully utilise existing technologies and synergise with regional as well as international leaders to contribute to double digit economic development.
Growth in the state is being propagated as broad-based and having socially inclusive development goals. These were some of the points that the chief minister touched upon in the 2017 India Economic Summit on Thursday, at New Delhi.
Over 600 international and regional leaders participated in the summit hosted under the aegis of World Economic Forum in partnership with the Confederation of Indian Industry (CII).
The summit that started on October 4 will conclude on October 6. The chief minister’s meetings at the summit were coordinated by the Andhra Pradesh Economic Development Board (APEDB), a single stop window for investme-nts, trade, and partnerships in the state of AP.On the occasion, Mr. Naidu and Mr Ajay Banga, president and CEO of MasterCard, signed a landmark agreement, “Fintech Valley MoU.”
Mr Naidu also attended the launch of “Mission Creative Million,” a movement designed to impact one million creative producers over the course of 10 years through strategic interventions in the creative and manufacturing sectors organised by the not-for-profit organization, Industries Foundation.
In addition, the APEDB, under the leadership of its CEO Mr J. Krishna Kishore, facilitated the Chief Minister's interactions with business leaders and investors in the state's key focus sectors like finance, IT, infrastructure, manufacturing, education and agriculture.
Bilateral meetings of Mr Naidu included meaningful interactions with Mr Kulin Lalbhai, Executive Director, Arvind Mills, Mr Amit Narayana, Founder AutoGrid, Mr Ajey Mehta, MD India - HMD Global, Mr Kanwar Bir Singh Anand, Managing Director & Chief Executive Officer, Asian Paints, Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, Ms. Shobana Kamineni, President, CII and Mr. Chandrajit Banerjee, Director General, CII, Ms. Kanika Choudhary, the Honorary Ambassador of Philadelphia to India and Mr. Adi Godrej, Chairman, Godrej Group.
Some highlights of these meetings included Mr. Adi Godrej stressing on Godrej Agrovet's intent to continue to expand in palm oil plus investment and development in the state of Andhra Pradesh. Ms. Kanika Choudhary, Honorary Ambassador of Philadelphia to India, spoke about bringing a knowledge cluster in Amravati with best practices from universities in Pennsylvania, United States.
In conclusion, Mr. Jasti Krishna Kishore, Chief Executive Officer, APEDB said that the India Economic Summit presents an opportunity for Andhra Pradesh to showcase its growth engines and development models while understanding the best practices around the world.
