TeluguPeople
  are the trend-setters


News: Headline News

AP to be made electronics manufacturing hub


 
Hyderabad, April 17 (INN): On the last leg of China visit, the delegation of Andhra Pradesh Government held a series of meetings with various companies in Shanghai.

The delegation held a meeting with TCL Corporation, Chinese multinational electronic company that manufactures, develops, designs and sells television sets, mobile phones, air conditioners, washing machines, refrigerators and small electrical appliances.

The TCL Corporation expressed interest in coming to Andhra Pradesh and exploring investment opportunities in the state.

Chief Minister N. Chandrababu Naidu briefed the delegates various strengths the state holds and his intention to make Andhra Pradesh an electronics manufacturing hub. He assured that the government will provide all necessary resources like land, water and power required for setting up a manufacturing unit.

Meeting with Trina Solar Company

Later, the government delegation held a meeting with Trina Solar Company which informed the Chief Minister that they are exploring possibilities of setting up manufacturing unit of solar power panels in the state.

The Chief Minister asked the company to identify a suitable location for the facility. He inquired if the company is looking for a location nearby port for export purposes or serve the domestic market of India.

He also asked the business delegation of Trina to stay in touch with the infrastructure and secretaries of the government to facilitate them with essentials and finalize the details. 'If everything can be finalized ahead of PM Modi's visit to China, a MoU can be signed in his presence,' CM added.

Indian Ambassador to China Ashok K. Kantha and the Consul General of Shanghai Naveen Srivastav were also present at the meeting.

Meeting with Jiangsu Provincial Construction Company

Nanjing-based construction giant Jiangsu Provincial Construction Company met the government delegation.

Vice-Presidents Shen Zhi and Dai expressed interest to visit the state in May and explore opportunities. Jiangsu Company holds the credit of building the landmark bridge over the river in Shanghai city.

The Chief Minister said that it is a historic opportunity for Andhra Pradesh to get involved with Jiangsu in the construction of the capital city. 'We want to build iconic buildings in Andhra Pradesh and Amaravathi', Chief Minister added.

Meeting with JA Solar Holdings, Co., Ltd.

JA Solar Holdings, Co., Ltd. met the government delegation and said that they were keen to set up solar plants in Andhra Pradesh.

President of JA Solar Xie Jian mentioned that they are looking for a long-term involvement in manufacturing for Indian and International market. As a start-up, they informed the Chief Minister that they are planning to explore 500MW plant.

Clearing their apprehensions over employing skilled labour, the Chief Minister clarified that the state has excellent source of human resources. He also informed the delegation that the state has put in place Skill Development Corporation. 'Setting up a manufacturing unit now will give you the first mover advantage,' CM added.

JA Solar Holdings is the world's largest solar cell producer. They design, develop, manufacture and sell solar cell and solar module products.

In a meeting with another Solar based company, Chief Minister Sri N. Chandrababu Naidu emphasized on the market trends in India that are favourable for the Company.

He asked the company to zero in on the details so that an MoU can be signed when Prime Minister Narendra Modi visits China. The delegation sought information about the tax structure in the country.

The Round Table Meeting

The delegation later attended a third round table meeting in Shanghai on 'Business opportunities in the state of Andhra Pradesh, India.'

Indian Ambassador to China Ashok K. Kantha briefed the members of the round-table meeting the resources Andhra Pradesh holds and its potential to attract investors.

He lauded the Chief Minister's efforts in developing Cyberabad and expressed confidence in replicating best development models for the new state. ' Naidu believes that there is a synergy between Andhra Pradesh and Shanghai's achievements,' Kantha added.

He emphasized on various opportunities Andhra Pradesh holds for business companies based in China. He extended assistance to the businessmen from the Indian embassy and Consul General.

Addressing the meeting, Director General of Shanghai Commerce Commission, Ms. Shang Yuying mentioned that Shanghai has emerged as an important hub in India and China's relationship.

Stating that the economies must collaborate closely, she added that India and China are important players in the world economy. She also expressed interest in being a sister-state with Andhra Pradesh in Urban design. She added that they will contribute the knowledge in the state's endeavor to build a world-class capital.

The Chief Minister said that he is happy with the Chinese companies are showing to invest in Andhra Pradesh.

Stating that the relations between India and China are conducive, he mentioned that any activity in these two countries will have a direct impact on the world. 'This is my second visit to Shanghai in 20 years. Your speed, scale and skill are amazing' the CM added.

He also presented the demographic strength of India and briefed the members various opportunities the state holds for investments. 'China has always been an inspiration for me,' he said.

He also envisioned the state's aim to emerge as the best state in India by 2029 and best state in the world by 2050. He added that the government has clearly laid out industrial policy, solar and wind policy and transparency in administration.

Stating that he has brought in a new system to clear all approvals within 21 days, he emphasized on creating a conducive climate for investors. He also invited Chinese companies to be partners in the capital construction.

He mentioned to the members that he aims to develop the state as a logistics hub for Southeast Asia and make it a gateway to India.

Stressing on constructing best-in-class transport system in the state, the Chief Minister added that all railway stations and bus stations will be modernized. 'My vision is to Make in India; Made in Andhra Pradesh,' he added.

Chinese Academy of Scientific Research sought information about collaboration in Scientific Research.

Andhra Pradesh secretary (industries) S.S. Rawat clarified that the state is a hub for various educational institutions and research organizations. He added that they welcome proposals for collaboration.

Later, several MoUs signed between the government delegation and Chinese companies.

The Chief Minister also held a brief meeting with Shanghai Party Secretary Han Zheng and discussed various opportunities in Andhra Pradesh and sought his co-operation.




 
News Posted: 17 April, 2015
 

 

Headline News
Revanth assures support to Foxconn
CM Revanth Reddy to meet Modi on Tuesday
Six IAS, one IPS official reshuffled
Protest against Talasani for slapping
KTR says Modi insulted Telangana
Congress alleges corruption in Dharani
KTR lashed out at Opposition leaders
Hearing on Viveka murder case adjourned
TANA invites ministers to their Conference
TS Govt to evacuate people from Sudan
BSP to approach the court on SIT
Postpone JLM, AE exams: Praveen Kumar
Babu's 73rd birthday in a grand way
No place for hate in Hyderabad: KTR
Jagtial Collector inquiry on medical negligence
More Headline News...
Entertainment
Prabhas as Salaar - Trailer
Kamal Haasan as Bharateeyudu 2 - An Intro
Pushpa 2 - The Rule Trailer
Katrina joins Rohit Shettys Cop Universe
Nitin Chandra to Promote Local Regions
Nani's Jersey confirms April 19 release
Mahesh Babu's Maharshi postponed
Chandamame Video Song from 118
Durmargudu Official Trailer
Sony to produce Major with Mahesh Babu
More Entertainment...
Crime News
Hyderabad woman dies in Texas shooting
172 minors booked for driving
Eight killed in road accident in Nalgonda
Jayaram case shifted to Hyderabad Police
Action assured in Kamatipura Rape Case
Four persons commit suicide
Banker injured in firing
Rs 2K fake notes seized, six arrested
Two convicts escape from Warangal prison
'Humiliation' drives two women to suicide
More Crime News...
Special Stories
Temperature drop across Hyderabad
TS Forest Dept using AI for study
Telangana Secretariat all set for inauguration
Foundation for 100 bed hospital in Choutuppal
KTR launches Sankara Eye Hospital
Operation 'Mother Tiger' failed
EFLU Vice-Chancellor calls on Governor
KIMS Organises Lupus Ramp Walk
Lamakaan receives Yudhvir Award
MLSA desks to settle Matrimonial Disputes
More Special Stories...
 
Business
Colosseum, design experience center in Hyderabad
BJP conspiring to privatize Singareni
Global Leadership Dialogue-I Webinar Series from July 6
Global Leadership Dialogue-I Webinar Series from July 6
Global Leadership Dialogue-I Webinar Series from July 6
Global Leadership Dialogue-I Webinar Series from July 6
Global Leadership Dialogue-I Webinar Series from July 6
Manish Maheshwari as Twitter India MD
HMRL to get Finland Renewable Energy Tech
Three Modern Metal Fairs in Hyderabad
More Business...
Sports
Taekwondo Premier League in Hyderabad
Al Khor won TSA Qatar Womens Cricket Tournament
Madhusmita in Saree in Manchester marathon
Golconda Masters 2019 from Today
MANUU cricket team beats HCU
Rahul Gandhi congratulates P.V. Sindhu
Sports should be Part of Education: VP
Karna Kadur, Nikhil Pai clinch Coffee Day India Rally title
India beats China 2-1, wins Asian Trophy
Sindhu enters final, assured a medal
More Sports...
Devotion
Hare Krishna Heritage Tower in Hyd
Brahmotsavams in Rishikesh from May 17th
Dhwajarohanam at Vontimitta for Navami
Rama Navami celebrations at Tirumala
Vontimitta Sri Rama Brahmotsavams
Annamacharya Vardhanti Mahotsavam
Teppotsavams Concluded on a Grand Note
Balaji as Sri Rama, on the Float
Vontimitta Brahmotsavams from April 13th
Sri Lanka PM Wikramasinghe in Tirumala
More Devotion...
NRI News
University of Silicon Andhra MS Admissions
Mana American Telugu Association in USA
NJ NRIs Pray for Sri Lanka
NATS Raised 400k in New Jersey
NATS Convention Event in NJ on 30th
TAGC Womens Day Celebrations
ATA International Womens Day in NJ
TAGC Sankranti and Republic Day Event
NATA Immigration Conference Call Today
NATA Executive Committee for 2019-20
More NRI News News...



 
Advertisements
Advertisements
Advertisements
Get the best Results!
Reach potential customers thru TeluguPeople.com, advertise with us!!
Beauty and Skin Care
For all your favorite branded products of Beauty, Skin Care, Perfumes, Makeup and more!
College Admissions in USA
Guaranteed Admissions or Processing Fee will be refunded. At USAdmissions.com
EducationAndhra.com
One-stop Destination for Information on Educational Resources related to Andhra Pradesh
News
Headline News
Cinema News
Business
Special Stories
Devotion
NRI News
Social Media
Facebook
Movie Gallery
Devotional Gallery
Twitter
Photo Galleries
News Gallery
Cinema Gallery
Beauty Gallery
Fashion Gallery
Sports Gallery
Travel Gallery
Devotion
Classifieds
Jobs
Real Estate
Automobile
Personals

Search TeluguPeople.com

(C) 2000-2023 TeluguPeople.com, All Rights Reserved.