The recently launched railway for farm goods addresses critical problems of storage and market accessibility for India’s farmers.
The investment will be focused on manufacturing SUV vehicles in the state.
Holitech Technology, a component manufacturer and solution provider and also a key component supplier for Xiaomi smartphones, will start local manufacturing in India. The company has signed a memorandum of understanding (MoU) with the state of Andhra Pradesh and will start local manufacturing in the city of Tirupati for Xiaomi. The company also plans to invest over $200 million in Andhra Pradesh in three years. This component manufacturing plant would be spread across 75 acres of land in the city [...]
The Chief Minister of Andhra Pradesh was in the UK recently to convince investors to choose his state for their new business ventures. Andhra Pradesh Chief Minister N. Chandrababu Naidu made a plea for investors in the UK to invest in his state and participate in building Amaravati into "one of the best capitals in the world". Addressing a gathering of entrepreneurs and business chiefs after accepting his Golden Peacock Award for Leadership in Public Life and Economic Transformation from the Institute [...]
Amaravati to have South Korean influence A “South Korea City” is expected to come up in Andhra Pradesh’s new capital, Amaravati, or elsewhere in the state as Chief Minister N. Chandrababu Naidu invited industrialists from the country to set up their ventures in the state. Naidu told a delegation of South Korean industrialists: “We will extend full cooperation and encouragement from the government if you make Andhra Pradesh your second capital and set up industries in a big way. We [...]
As the shine begins to wear off PM Modi’s much-talked-about US visit in June 2016, a foreign policy expert from the Washington DC based Centre for Strategic & International Studies analyses the scenario beyond small but important goals achieved so far.