CM Chandrababu’s Hectic schedule in London:
CM meets global industry giants: showcase industry-friendly opportunities in AP
LONDON: Chief Minister N Chandrababu Naidu is busy in meeting and inviting global industrial giants of United Kingdom to CII partnership summit scheduled to be held in Visakhapatnam on November 14 and 15.
As part of it, the Chief Minister met Hinduja Group (India) chairman Ashok Hinduja and the group’s Europe wing chairman Prakash Hinduja at Buckinghamshire today. The Hinduja group decided to invest Rs 20,000 crore in Andhra Pradesh and signed MoUs with AP Government. The Hinduja group is going for expansion of existing 1050 mw thermal power plant in Visakhkapatnam to 1600 MW. Decided to set up solar and wind energy plants in Rayalaseema region and electric buses and light commercial vehicle units in Mallavalli of Krishna district. In addition the group decided to take up EV charging net work in the state.
Chief Minister N Chandrababu Naidu said that the Hinduja group’s initiative will lead to make Andhra Pradesh as a green energy and Electric mobility hub. He said that the state government is keen on providing industry- friendly atmosphere in the state. He said a special fast track Window will be set up to materialize Hinduja group proposals. He said large number of youth will get employment opportunities with these investments.
Later the Chief Minister met Rolls Royce group CTO Nikki Grady-Smith and explained to him over the opportunities available in Andhra Pradesh. He said opportunities are available to set up military air strip and aeroplane maintenance, repairs and overhauling unit at Orvakal in Kurnool district. He said opportunities available to set up Aerospace components production. He asked the group to study the feasibility to set up GCC at Visakha and Tirupati and to establish Aviation eco system near Bhogapuram airport. The group has expertise in manufacturing Aero engines, diesel propulsion systems.
The Chief Minister also met SRAM and MRAM group chairman Sailesh Hiranandani and Samco Holding Limited chairman Sampath Kumar Mallaya. These groups expressed interest to set up semi conductors and modern packaging unit. The Chief Minister explained on opportunities available in state to set up battery energy storage sector. He explained to them on industry-friendly and speed of doing business policies of the state and opportunities for investments in Green Energy, Semiconductors and Aviation sectors. The Chief Minister met Chris Fitzgerald, Group director, International affairs, Octopus Energy International and explained to him on opportunities for investments in renewable energy sector, clean energy, Smart Grid, Data analytics in the state.
Later in a round table conference the Chief Minister discussed with Paul Benton, MD, Association of British Health Tech Industry, Uday Nagaraju, Founder and CEO, AI policy lab, James Kenny, Director, Global Affairs, Arup, Freddie Woolland, Executive Director (Commonwealth Security and Resilience Group) Athenian Tech, Victoria Edwards, CEO and Co founder FIDO tech, Poonam Gupta, Co cEO Pg Paper Company Ltd, Prof Radha Boya, Nanoscience and Royal Society University Research Fellow, National Graphene Institute and Gaurav Marwaha, Strategic partnership manager, Warwick Manufacturing on the opportunities available in Andhra Pradesh in technology sector. He asked them to develop an eco system to produce experts in AI and other sectors.
