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ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE - 5

SUNRISEANDHRA PRADESH

India’s youngest city People first, Industry first Amaravati emerges as futuristic Solar equipment & skill centre economic and business hub for global investors.

Happy Cities Summit

Ambassadors meeting

APEDB Act passed MOUs ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 2

From the desk of Sri Nara Chandrababu Naidu Chief Minister of Andhra Pradesh and Chairman APEDB

economic reforms reaches every phone line is going to be in place to individual in the state so that that we speedily resolve people’s issues. can build a society without poverty Over the last few months, we have and inequalities; above all our goal is been relentlessly pursuing our goals. to establish a peaceful, secure and We entered into new business joyful society. partnerships with the Business My goals for the state I have shared Leaders Forum (BLF), Dubai; THK, a with you many a time. I want Andhra Japanese major in automobiles; SUN Pradesh to be the best state in India mobility for Electric Vehicles; Arvind by 2029. My government’s priority Ltd. to set up an integrated apparel has been to build a non-corrupt, and textile park in Chittoor; Tech stable, and peaceful society. To Mahindra to set up the country’s first Sri Nara Chandrababu make such a society, economic Cyber Security Operations Centre; Naidu growth must go hand-in-hand with Ashok Leyland to set up a bus plant inclusiveness and environmental in Andhra Pradesh; Akon to set up We need to aim high, higher than sustainability. We must aim to a solar equipment unit and skill what we can reach, for it will enable achieve a GVA of Rs.6,35,692 and development centre, to name a few. us achieve our dreams. I inherited a growth rate of 15.91% by 2018-19. The plan is to set up micro, small and a vision – a vision of a prosperous, This will be possible only if all the medium enterprises (MSME) parks happy, inclusive state, and I have wheels of the economy run together: in every assembly segment. Special held on to that vision in all my The agricultural sector must achieve attention is being paid to investments endeavours. Every step that I have 22.66% growth rate; the industrial in backward areas like Chittoor. taken, I have been guided by my sector 13.07%; and the services This is a journey that I cannot predecessors, the leaders who put sector 5.91%. undertake alone; I need each one the people before themselves. As As a people’s government, it is of you to lend me your hand and NT Rama Rao, our former chief very important for me that people support me so that I can make this minister, said, “Society is the temple can reach me with feedback and dream of Swarna Andhra Pradesh and people are the Gods”; our aim problems. Very soon, a “People First” come true. is to ensure that the fruits of various

Message from Sri Yanamala Ramakrishnudu Minister for Finance & Planning, Commercial Tax & Legislative Affairs. Gross National Happiness is a The state has seen fast-paced comparatively new gauge to growth, reaching double-digit growth measure progress. Merely having of 11.07% in 2016-17 from 9.20% a good GDP will not qualify a state in 2014-15. The per capita income as a progressive one, you have to rose from Rs.93,699 in 2014-15 to also measure up when it comes to Rs.1,42,054 in 2017-18. standards like health, education, On the agricultural front, AP has good governance, psychological well- played a pioneering role in the inter- being, etc. My government, led by the linking of rivers. The Godavari and able chief minister, has been working on improving all these indices. Our Krishna rivers were inter-linked in a ‘People First’ policy is reflected in our record period of 12 months, which budgets. Over the last few years, the has resulted in 15% increase in yield in the Krishna delta region. Sri Yanamala government expenditure has totalled Ramakrishnudu Rs.5,20,237 crore. A big chunk of Governance has always been a key the budget has been allocated to focus area. We have been able to take (RTGC), the brainchild of the chief development and welfare activities. the right decisions based on real-time minister, has enabled people-centric In fact, the capital expenditure was data sourced from the ground level. decisions, and helped us achieve a 82,268 crores during last four years. The Real Time Governance Centre happiness index of 80%. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 3

Message from Sri S.P.Tucker, IAS (Rtd.) Executive Vice Chairman, APEDB and Former Chief Secretary, Government of Andhra Pradesh

Sustaining double-digit growth and job than Andhra Pradesh and are leading generation are pivotal for the economic in terms of GDP contribution, increasing development of the state. Over the last urbanization and per capita income couple of years, the manufacturing recorded 64.3 to 54.6% service sector sector gained momentum; however, its contribution to State’s GVA. The state’s contribution to overall GVA is only 26%. economic development policy should The service sector, which is currently consider instrumental strategies for contributing 44%, has the potential to enhancing the growth of Retail, IT & enhance its share to 55%. The growth ITeS, Tourism and Hospitality Services, of the service sector is imperative for Medical Value Travel, Transport and economic development of the state, Logistics, Education services and BFSI, since every additional job that this which will translate into enhanced Sri S.P. Tucker sector creates contributes 3.8 times to contribution of the services sector, GVA as compared to the agricultural thereby sustaining envisaged growth sector. The states with GVA greater and generating jobs.

Message from Sri J. Krishna Kishore, IRS., Chief Executive Officer, APEDB. Andhra Pradesh the list goes on. Moreover, these university project, bike tourism and developments are also reflected in a urban mobility services project, a 30 per cent increase in state-wide per Solar Academy and Solar Assembly capita income over the last four years. Plant, a linear motion equipment manufacturing project, et cetera. These economic achievements are a result of a concerted and The APEDB has also recently taken conscientious effort towards the lead in yet another strategic achieving the sequential milestones initiative towards sustainable laid down in the Vision 2029 under economic development. Under the the progressive leadership of our leadership of Sri. Nara Lokesh, Hon’ble Hon’ble Chief Minister. We are well Minister for IT and Panchayat Raj, on our way to become a developed alongside the World Economic Forum Sri J. Krishna state, with a happy, inclusive, and Accenture Strategy global, the Kishore globally competitive, innovation- APEDB has initiated the “Accelerating driven society. sustainable production” study with a focus on Automobile and Electronics As on 2nd of June 2018, it has In the Q2 of 2018, Andhra Pradesh sectors engagin various stakeholders been 4 years since the formation of continues to lead the nation with the sunrise Andhra Pradesh state. the launch of policies such as the from the industry. We are proud to Despite seemingly insurmountable AP Electric Vehicles Policy and share that Andhra Pradesh is just challenges be it a fiscal deficit Animation & Gaming Policy to one of the 3 global geographies or a natural calamity like the become the first mover in niche and that are selected in this study , which hurricane Hud-Hud, it is a matter emerging sectors. The APEDB is investigates the impact of fourth of fact that the new-born state of proud to have played a key role in industrial revolution technologies Andhra Pradesh has been resilient these policy-making initiatives by towards sustainable production and converted challenges to working with various stakeholders. systems and socio-economic growth. opportunities. In the past few months, the APEDB As we head towards 2020 and In the past 4 years, the state has has worked with firms that have beyond, we will continue to achieved a consistent double-digit invested over a INR 2200 Crores transform ourselves and become growth rate, a total reduction in employing over 12,000 staff at catalysts of economic growth as the outstanding liabilities and revenue medium to high wages. These single point of contact, for any trade firms involve cement grinding and deficits, implemented competitive or investment into the state and packing unit project, and integrated policy frameworks, became power invite you to make Andhra Pradesh, apparel and textile facility project, surplus, consistently ranked No.1 your business. a stem cell hospital and research in Ease of Doing Business and ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 4 Chief Minister seeks help of Indian Ambassadors

The AP chief minister has always been Austrian assistance for exporter of sea food, seasonal fruits a skilled diplomat. On the 27 June 2018, and other horticultural items. Through he met with not one but four Indian technical research and government intervention and efficient ambassadors – the representatives to medical diagnostics marketing strategies, the country had Spain, Austria, Vietnam and Kuwait – to Renu Pall, Indian Ambassador to Austria, successfully increased its per hectare increase the state’s investment potential highlighted the capacity that the state yield. There were many lessons for AP and outline best practices for attracting had to grow in exports. She urged the here. foreign investment. chief minister to explore to the fullest the “Vietnam imports (the) majority of potential that Montenegro held as a port its sea food amounting close to USD Exploring tie-ups with city. She offered to arrange a delegation 1.3 billion from Kakinada. They then Spain for automobiles and from Austria to meet with AP officials to process, package and export it to Japan develop the state’s prospects in technical and Europe and reap great benefits construction research and medical diagnostics. by providing value addition,” said the At the meeting, India’s Ambassador The chief minister expressed keen ambassador, briefing the chief minister to Spain, D. Bala Venkatesh Verma, interest in building ties with Austria on the growth story of Vietnam. offered to send a delegation of CEOs saying, “We want to expand in this area from top-ranking companies to Mr. Harish also offered suggestions on and will be very happy to collaborate meet AP’s key automobile suppliers. how to develop Buddhist tourism in AP. with Austria …. Exchange of knowledge It worked in the state’s favour that is of utmost priority for us and AP will Spain’s current interests in renewable Kuwaiti investors facilitate … research and technical energy and automobiles matched AP’s development for mutual benefit.” interested in tourism, focus areas. He also shared that big construction companies in Spain were The chief minster wanted attention to be construction and keen on investing in infrastructural directed towards bringing in investments infrastructure projects. into the cotton and textile industry too. The Indian Ambassador to Kuwait, K Mr. Verma stressed on the importance Jeeva Sagar, pointed out that Kuwait, of cultural exchange to strengthen the Vietnam models for which is the fourth richest country in economic ties. He suggested opening horticultural and fisheries the world per capita according to the a foreign language school and offering World Bank, had capital to invest and courses on Indo-Pacific studies. growth that Kuwaiti investors were looking Vietnam’s growth trajectory should be for opportunities to invest in tourism, The chief minister wanted the Spanish emulated according to P. Harish, Indian construction and infrastructure projects. delegation to get in touch with the Ambassador to Vietnam. He outlined He offered to facilitate talks between the concerned officials, who would provide how Vietnam had expanded from being Kuwait Investment Authority (KIA) and all the necessary support. just a rice producer and become an AP officials.

Chief Minister N Chandrababu Naidu with Indian Ambassadors to Spain, Austria, Vietnam and Kuwait at the Secretariat at Velagapudi, India ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 5 Singapore sees innumerable opportunities for business and collaboration with Andhra Pradesh

Singapore further strengthened Real Estate Network’s (CORENET) tourism and village tourism,” he said. its economic ties with AP and e-submission system for project India, recently, when Chief Minister approvals could be adapted to A long and fruitful Chandrababu Naidu played host to meet the building requirements of partnership Desmond Lee, the Minister for Social the new capital. “We (will) also focus and Family Development. Mr. Lee’s on Green Building Roadmaps and Mr. Chandrababu Naidu extolled delegation of 50 members included Green Mark Certification to promote the friendship shared by Singapore the who’s who of the business environmental sustainability, which and AP. He acknowledged community in Singapore, comprising is in line with the state’s vision of Singapore’s role in the development representatives from both local and building the green, eco-friendly city of Amaravati and urged their international companies. Mr. Lee of Amaravati,” said Mr. Lim. continued support in bringing reaffirmed the team’s faith in AP’s innovation and infrastructure to booming economy, saying that “The AP to have its very own the state. “Amaravati is a land of many opportunities as it is business delegation, the Singapore Construction City Business Federation and the Joint surrounded by rivers (with a 60 km Implementation Steering Committee, Responding to Mr. Lim’s statements, waterfront), green forest areas and all have a sense of confidence when the chief minister put forward the dynamic people. Sky is the limit for it comes to investing...” unique proposition of establishing development,” he said. a Construction City – an entire Mr. Lee responded warmly saying, city that is developed as a hub Creating a safe ‘built “From the time we decided to for manufacturing construction participate in the development of environment’ in Amravati materials, designing, construction a new city, our relationship has Safe, high quality, friendly, academies, and trade. manifested itself into innumerable sustainable – these are some The chief minister added, “There is things like exchange programmes, of the terms that describe the a huge market in India for this, as master-plans, MoUs and construction work executed by the we bring our construction materials infrastructure…. Amaravati is very Building and Construction Authority from different parts of the world”; carefully and intricately planned, (BCA) of Singapore. An MoU was he requested the cooperation of the without haphazard progress, (and signed between AP Real Estate delegates to help build on this idea. it will) maintain adherence to the Regulatory Authority (APRERA) and (He intends to take this discussion idea of a beautiful, smart, people- BCA to ensure knowledge sharing forward during his scheduled visit to friendly city.” in the field of construction. The MoU Singapore in July.) will enable APRERA to bank on The economic collaboration between BCA’s expertise in the areas of set- “Our goal is to create 9 cities and AP and Singapore is managed by the up, operation and best practices in 27 townships, all of which will be Amaravati Project Office and APEDB, construction to develop an excellent self-sustainable. I want the state to which has identified the core areas of ‘built environment’ in AP. be tourist-friendly, promoting our economic collaboration. Mr. Krishna native cultural strengths through Kishore, CEO, APEDB, facilitated the Hugh Lim, the CEO of BCA, was religious tourism, agricultural visit of the minister and his team. confident that the Construction and

Mr. Lee and his delegation of 50 members met Chief Minister N Chandrababu Naidu at Amaravati, India. Dr. P. Narayana, Minister for MA & UD, Urban Housing, Commisoner CRDA and CEO APEDB were present. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 6

Andhra Pradesh leads delegation to Japan Results in investment proposals worth Rs. 5000 crore

APEDB also met with officials from the Ministry of Agriculture, Forests and Fisheries (MAFF). They will collaborate to develop a master plan for the food value-chain in AP. MAFF will also facilitate meetings with Japanese food majors looking for opportunities to invest in India and AP. The delegation also interacted with senior representatives of JAMA, JEITA, JPCA to build synergies and linkages with member companies of these associations.

The Japan tour generated investment proposals worth Rs. 5000 crore from companies such as Lixil, THK, J.Krishna Kishore, CEO, APEDB and his team meeting with Mr. Sujan R. AKSA Pharmaceuticals, YKK, Chinoy, Indian Ambassador to Japan and other officials in Japan. Minebea, Alloy Industries and Softbank Energy. Mr. Krishna Kishore, CEO, APEDB, Chandrababu Naidu, the Hon’ble and Mr. Preetham Reddy, Special Chief Minister, have always affirmed The delegation met and interacted Representative, GoAP, led a that AP and Japan can play a with existing companies like Isuzu, delegation to Japan to catalyse significant role in strengthening the Mitsubishi, Kobelco, IMOP and trade, investments and partnerships economic relations between India Toray and requested them to be to Andhra Pradesh. and Japan. advocates of the Andhra Pradesh growth story. Japan shares a special relationship AP, owing to its robust infrastructure, with AP and APEDB has nurtured excellent connectivity, enabling AP is also encouraging the this friendship by building resilient policies, integration with global establishment of Japanese and sustainable partnerships with value chains and a skilled and Industrial Townships and Japan the country. ready workforce, is specially India Institutes for Manufacturing equipped to attract investments in to attract manufacturers into the Mr. Daisaku Hiraki, Vice Minister of manufacturing. state. Economy, Trade and Industry, and

J.Krishna Kishore, CEO, APEDB meeting with Mr. Sujan R. Chinoy, Indian Ambassador to Japan. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 7

Japan, the world’s third biggest economy, has been invested in AP’s growth right from the start. It has brought its technological expertise and work ethic into every engagement with the state, especially its capital-building activity.

Mr. J. Krishna Kishore,CEO, APEDB at the Linear J Krishna Kishore, CEO,APEDB with the senior team Motion Guide center at THK HQ from Aska Pharmaceuticals

J Krishna Kishore, CEO.APEDB with the senior team J.Krishna Kishore, CEO, APEDB, meeting Mr. Meeneo Kurauchi , from Neo Pharma Chairman, the standing committee of Japan-India business co- operation committee in Japan Andhra Pradesh Economic Development Act, 2018 passed

The AP Assembly passed a Bill minister, Yanamala Ramakrishnudu, state, with the chief minister as its granting statutory status to APEDB. on behalf of the chief minister. chairman. It is intended for strategic Therefore, the APEDB Act, 2018 investment planning and promotion, has been in force now. The Board among other things. Encouraging was conceptualised by the chief members to vote in favour of the minister, N. Chandrababu Naidu, Bill, the finance minister said “EDB to reinvigorate growth, provide a has been playing a significant role stable macroeconomic framework in attracting investments into the and to ensure a market friendly state.” environment to secure investments In addition to bringing investments into the state. into the state, APEDB also supports “We have been working for two GoAP in external engagement, years as per a Government Order project facilitation and strategic (GO). Now, the Board has been The APEDB, modelled much like the planning among other activities, given statutory status,” said J. Singapore EDB, was constituted on thus intensifying the state’s Krishna Kishore, CEO, APEDB. March 17, 2016 as a single-point economic growth. The Bill was moved by the finance of contact for investments in the ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 8 Andhra Pradesh to secure its cyber systems through collaboration with Tech Mahindra

As systems the world over become increasingly digitized, it is imperative that networks, data and programs are protected from attack. The tech-savvy chief minister of AP has taken steps in the right direction to ensure that cyber systems in the state and the country are not subjected to such threats. AP has collaborated with Tech Mahindra to set up the country’s first Cyber Security Operations Centre (CSOC) in Vijayawada. Tech Mahindra’s global expertise in cyber security and risk management will come in extremely handy to secure the government’s digital systems. Visual representation from open sources The state-of-the-art CSOC, “We are confident the APCSOC will According to Nara Lokesh, which was inaugurated in April be a shining example of excellence Minister for IT, AP, “Cyber security 2018, includes traditional SOC and pave the way for a robust has undoubtedly become an and predictive threat analytics government security framework,” increasingly critical and important capabilities and draws all central C.P. Gurnani, Managing Director issue. The APCSOC is our first line and state government entities (MD) and CEO, Tech Mahindra, of defence against cyber threats.” under its umbrella. added. “People first, Industry first” motto makes AP a leader in industrial growth

The Andhra Pradesh chief minister is driven by a vision – the vision to make the state one among the three best states in India by 2022, the best state in India by 2029, and a global investment destination by 2050. Economic development is the crucial lever on which this vision hinges. To enable the state realise its vision, the Industries Department has introduced several policy interventions, identified ten focus sectors and released nine industrial and sector-specific policies, with best-in-class policy instruments and fiscal incentives to promote investments in the state. GoAP’s policy interventions: • Single Desk Policy 2015 • Industrial Development Policy Minister for Industries, Mr. N. Amarnatha Reddy inaugurates the Linde 2015-20 India food laboratory and training centre in the presence of Mr. Moloy Banerjee, Head, South Asia, Linde Gases. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 9

• MSME Policy 2015-20 The Single Desk Portal was launched Marque Investments • Food Processing Policy 2015-20 in April 2015 as a one-stop-shop for ESTABLISHED UNDER • Textile and Apparel Policy 2015-20 providing all clearances to industries. IMPLEMENTATION • Aerospace & Defence Through this portal, 55 services Manufacturing Policy 2015-20 of 17 departments are provided ISUZU KIA MOTORS • Automobile & Auto Components within 21 days. So far, over 26,000 FOXCONN APOLLO TYRES 2015-20 approvals have been granted BERGER ASHOK LEYLAND • Biotechnology Policy 2015-20 through the portal and 98.76% of PAINTS • Retail Trade Policy 2016-20 the applications have been cleared PEPSICO GREENPLY within the stipulated time. GAMESA JAIN FOOD PARK Additionally, the GoAP has also DIXON HERO MOTORS released the “Backward Districts State with the highest CELKON ASIAN PAINTS Ultra Mega Integrated Automobile MONDELEZ PATANJALI Policy” to attract investments to the number of MoU conversions tune of over USD one billon. The GoAP, in collaboration with the Micro, Small & Medium overall target of the 2015−20 policies Confederation of Indian Industry Enterprises (MSME) is to attract new investments worth (CII) and the Department of USD 30.76 billion and to generate Industrial Policy & Promotion (DIPP), During the last four years, 29,020 employment for ten lakh people. has organised three Partnership MSMEs have been established with Summits in , one each an investment of Rs.13,053 crores, National leader in Ease of in 2016, 2017 and 2018, showcasing generating employment for 3,36,811 Doing Business investment opportunities and persons. From June 2014, the highlighting investor friendly policies. Government has allocated Rs.3,001 Andhra Pradesh has been the The Summits resulted in 1,594 MOUs crores towards industrial incentives, national leader in Ease of Doing being signed, with an investment out of which Rs.1,364 crores has Business (EODB), enacting reforms potential of Rs.15.21 lakh crores and been released. There is a dedicated consistently for the last two years. It creation of 32.53 lakh jobs. In fact, MSME Corporation, with a corpus was ranked second in 2015 and was the conversion rate of MOUs in AP fund of Rs.100 crore, to focus on the the leading state in 2016. GoAP has has been 30–40%, whereas in other development of this sector. also enacted the Andhra Pradesh states it is 10–15%. Public Service Delivery Guarantee GoAP also has an M-Parks Policy focusing on establishing 175 state- Act 2017, to guarantee public service Large & Mega Enterprises delivery. The Act highlights the of-the-art MSME Parks with plug- “Right to obtain delivery of services”, From 2014−18, GoAP has finalised and-play facilities. 8,926 cents of and covers 74 services across 512 projects in the manufacturing land has already been identified in 22 departments, of which 44 are sector, with a committed investment 96 assembly constituencies. of Rs.4,32,384 crores and creation of delivered through the Single Desk The efforts of GoAP has produced Portal. Timelines are stipulated for 10,86,361 jobs. Of them, 171 projects are underway, with an investment of creditable results, with the growth delivery of 95% of the public services, of the industrial sector, in 2016−17, in with penalty and appeal in case of Rs.44,299 crores, employing 95,639 persons. AP, touching 10.16% − higher than the delay in service delivery. national average of 8.31%.

Mr. N. Amarnatha Reddy, Minister for Industries, conducts a review meeting with the officials managing investments and grounding of projects. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 10 AP government plans MSME parks in every assembly segment

Micro, small and medium enterprises creating three lakh jobs. The total allotted, avail the subsidy, raise are the biggest employers after investment will be to the tune of a temporary structure and never agriculture, which is why every Rs.45,000 crores. actually run the unit. “Under the government that places the well- new policy, however, we will ensure But executing this plan has been being of its people at the forefront that the units are functional, with challenging. Lack of financial invests in developing this sector. real employment creation. We resources and non-availability Right from the beginning, MSME has are also involving the local public of land have come in the way of been a key area of focus for the AP representatives to make the MSMEs implementation. government. In fact, over the last 10 effective,” said an official from the months, there has been a marked Notwithstanding the hindrances, industries department. increase in the number of new work on the M-Parks began in To ensure that the M-Parks are self- enterprises that have been set up. June, initially where land was sustaining, the state government readily available. New parks will To further augment growth of will promote large and mega be established as soon as issues this sector, the government has enterprises as anchor investors in related to land and finances get now drawn up an innovative these parks. This will increase the resolved. M-Parks (Micro, Small and Medium market prospects of the MSMEs. Of Enterprises Parks) Policy. The plan The M-Parks will primarily focus the total land in each M-Park, 10% is for each M-Park to be set up in on manufacturing, with sectors will be allocated to large and mega a 100 acre plot, with an investment like small engineering, fabrication, enterprises, ensuring industrial of Rs.225 crores, creating 1,500 plastics, automobiles and textiles, growth across all regions of the jobs in each of the 175 assembly which have greater employment state. constituencies. The newly created potential, being given preference. The MSMEs will be ably supported AP MSME Development Corporation Past experience has shown that by the Development Corporation will supervise the entire process. MSMEs rarely deliver the promised in areas of marketing, skill By 2023, there will be 200 such results because the so-called development, quality enhancement, parks housing 30,000 MSMEs, entrepreneurs would get the land exports, and warehousing facilities.

Visual representation from open sources. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 11 Flight from Vijayawada to Singapore to boost investment

The Third Joint Implementation Infrastructure gets a big an exhibition centre and a visitor’s Steering Committee (JISC) boost area. The target is to complete the meeting at the Taj Gateway Hotel in project by June 2019. AP is going ahead full steam Vijayawada provided an opportunity in building its infrastructure. The Consortium’s help was also to the chief minister and Singapore’s The Amaravati Development sought to ensure convergence of Minister of Communications and Corporation, in collaboration with activities in infrastructure, tourism, Information, S. Iswaran, to discuss a the Singapore Consortium, will build education and the service sectors. wide range of business matters. 1,604 km of roads, of which 697 are The chief minister urged that At the top of their agenda of matters under construction. Also, 831 km, out “Catalytic Development should to be discussed was the need to of the 2,354 km of water supply lines be our medium to bring in more improve direct flight connectivity planned, are under construction. investments and economic activities. between AP and Singapore. A Additionally, ‘Foster + Partners’ is Creating an ecosystem to encourage decision was taken to introduce direct developing a government complex entrepreneurship is important for flights between the two places. “The in 1375 acres. As for housing, 3,840 ensuring sustainability.” first flight from Singapore should apartments are being constructed. land in Vijayawada on July 8th,” said Chief Minister Chandrababu Naidu definitively. Amaravati start-up area to see fast-forward development The partnership between AP and Singapore to develop Amravati as a liveable city and a forward-looking economic hub was further firmed up when Andhra Pradesh Capital Region Development Authority (APCRDA) and Singapore-Amaravati Investments Holding Ltd (SAIH) signed the Concession and Development Agreement (CADA) to develop the start-up area. “After substantial progress since November, this is the last step towards starting the grounding of the project,” said Ajay Jain, Principal Secretary Energy, Infrastructure Visual representation from open sources and Investments. Mr. Jain presented a summary of the progress made, New centre for business Water and waste confirming that the capital city had activities management reached the construction stage of Amaravati Development Partners Officials from CLC shared that an Phase 1. “After 1,254 days since (ADP) is a newly formed organisation Integrated Solid Waste Management CRDA was incorporated, economic that partners with Singapore Plan is under progress. activities and job creation is rapidly Business Federation, Centre for The team also visited the Pulichintala growing in the city. Out of the 33,732 Liveable Cities (CLC) and other dam, and stressed on the critical acres pooled by 27,564 farmers, members of the Consortium. ADP’s need to identify alternative water 61,887 plots have been returned to focus will be Catalytic Development sources. There was a need for more farmers. Sixty-three institutions have − acting as the centre for business focused workshops on how to plan been allotted land, including those activities and documenting the for inclusion of green spaces and for tourism, sports, healthcare, banks, capital region’s development. The land management. and state government and central centre will include a welcome gallery, government offices.” ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 12 Andhra Pradesh developing new economic ties with Republic of Tatarstan, Russia

While the rest-of-India forecast for bilateral summits and meetings. The Manufacturing industrial growth is 7.4%, AP has core sectors of collaboration are opportunities been enjoying 10.5% growth. The pharmaceuticals, IT, automobiles, Tatarstan is one of the strongest, upward graph is being sustained by shipbuilding, oil-gas-chemicals, fastest growing, and diverse exploring every new opportunity for engineering and defence. The MoU regional economies in Russia known partnership and investment. In April also expressly stated that the two for its oil refineries, automobiles, 2018, Tatarstan was added to list of countries will exchange information petrochemical complexes and partnering states when, on behalf related to foreign trade, production, machine-building plants. It also of APEDB, Mr. J Krishna Kishore, exports, manufacturing, investments has advanced manufacturing the CEO, signed a Memorandum of and market trends in mutual areas

J. Krishna Kishore, CEO, APEDB delivering a key note address in Andhra Pradesh-Tatarstan Business Forum, Visakhapatnam, India.

Understanding (MoU) with Mr Shamil of collaboration on a regular basis. capabilities and synergies. In fact, Ageev of the Chamber of Commerce Kazan helicopters are the leading Speaking on the occasion, Mr. J and Industry of the Republic of exporters of Russian aircraft in Krishna Kishore, CEO, APEDB, said Tatarstan (CCIRT). Ganta Srinivasa the world. The helicopters built by that “This agreement would result Rao, Minister for Human Resource Kazan are very popular with the in greater economic cooperation Development, Government of Indian armed forces. The CEO with Tatarstan, Russia’s most Andhra Pradesh (GoAP), and His invited Kazan Helicopters to explore prosperous republic. Tatarstan as Excellency Rustam Nurgalievich manufacturing opportunities in a nerve-centre of industrialisation Minnikhanov, President of the Andhra Pradesh. seeks to collaborate in areas of Republic of Tatarstan, were also pharmaceuticals, information Since GoAP is setting up two major present at the signing ceremony. technology, shipbuilding, oil-gas- auto clusters through Public− The MoU will encourage, facilitate chemical complex and machinery Private−Partnership (PPP) in Nellore and strengthen economic building.” It would be mutually and Chittoor districts, the APEDB cooperation and promote beneficial since “AP is a fast- also invited automobile companies commercial exchanges between growing and dynamic region of from Tatarstan to establish the two regions. The agreement India which represents considerable manufacturing units in Andhra will also enable exchange of trade opportunities for Tatarstan.” Pradesh. delegations and organisation of ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 13 Amaravati will become India’s ‘Model Capital’: Chandrababu Naidu

Chief Minister N. Chandrababu Naidu and his government officials participate in the Hindustan Times-Mint Asia Leadership Summit in Singapore.

At the Mint Asia-Hindustan way. Every effort is being taken to “Once investment comes, it will Times Leadership Summit, held make the city more environment be online. Then they can track in Singapore in April 2018, the AP friendly; in fact, it is on the top of the it. All clearances will be online. chief minister, N. Chandrababu list of priorities. Everything will be online. No more Naidu, shared his dream of building delay,” the chief minister said. a capital that would be bigger and “We are benchmarking Technology, Mr. Naidu added, is better than Singapore. His aim is ourselves. I’m confident that something that he is familiar with, to make Amravati India’s model we will build the best capital having promoted IT in India over capital. in India. Tomorrow, all over the the past 25 years. In addition to the The chief minister, who is driving the world, people will talk about business sector, the chief minister is capital city project, acknowledges Amaravati,” Mr. Naidu said. promoting the use of technology in the role that Singapore is playing governance too. Based on the timeline of the project, in building the new, futuristic and most of the buildings, luxury hotels, “What I ask from you now is to environmentally friendly city. In fact, universities and central business come and see Amaravati, and two experts from Singapore are firms should be operational by then invest in our place,” Mr. Naidu preparing the master plan. 2024. The final phase of the project urged, identifying IT, biotechnology, Built on 217-sq m of land, Amravati is expected to be completed by electronics, hardware, and is being designed to include more 2029. automobile manufacturing as green cover (51%) and water bodies possible areas for investments. The smart city will also use (10%); in other words, go the green technology to attract investors. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 14 Tirupathi summit opens investment opportunities to 38 global suppliers

At the recently concluded Xiaomi Speaking to the media after the dormitory accommodation for the Supplier Investment Summit discussions, the chief minister staff members. Our intention is to get in Tirupati, the chief minister announced that many of the more local jobs.” He was appreciative announced that the proliferation companies were considering of the investor’s growing preference of automobile, electronics and huge investments in the region for the Rayalaseema region, which hardware industries in AP will soon between Tirupati and Sri City, would bring development to the ensure the creation of a sustainable where it has multiple manufacturing backward area. ecosystem. He met with 38 global units. He foresaw that Tirupati- Xiaomi’s Global Vice-President, suppliers of the mobile phone major Nellore-Chennai would develop Manu Kumar Jain, who oversees Xiaomi India, and assured them of as an industrial hub, especially India operations, reiterated the full support from the state, in terms for the electronics, hardware and company’s commitment towards of both infrastructure and resources. automobile-related sectors. ‘Make in India’, promising to invest The summit was conducted Govt. promotes both more in AP in view of the congenial to showcase the investment working atmosphere here. He also opportunities in the state and local jobs and locally offered 100% locally manufactured highlight the government’s proactive manufactured phones phones in the near future. initiatives, including subsidies for In keeping with the state’s efforts Ministers Nara Lokesh (Information prospective industries. As a result of to promote investment, the chief Technology), N. Amarnatha the summit, investment worth USD minister shared that “the government Reddy (Industries) and Member of 2.5 billion is likely to come into the is contemplating to provide 50 acres Parliament (Chittoor), N. Sivaprasad, state and 50,000 new jobs will be of land or constructed space, skilled were part of the state delegation. created, many of them for women. labour, timely incentives and even

Andhra Pradesh to become India’s first ‘Zero Budget Natural Farming state’

The government of Andhra Pradesh (AP) has launched a scale-out plan to transition 6 million farmers cultivating 8 million hectares of land from conventional synthetic chemical agriculture to Zero- Budget Natural Farming (ZBNF) by 2024, which would make AP India’s first 100 per cent natural farming Visual representation from open sources state. of millions of farmers across the cannot be economically viable if it The programme is a contribution developing world,” said, Chief continues to deplete the resources towards the UN Sustainable Minister Chandrababu Naidu. it needs, both ecological and social, Development Goals (SDGs), focusing to be productive. on, ‘Clean Water and Sanitation’, The AP government is showing ‘No Poverty’, ‘Life on Land’, and true leadership in transitioning one Moreover, as 14 out of the 17 SDGs ‘Responsible Consumption and of India’s first “Green Revolution” are dependent on the status of Production’. states into one of India’s first natural natural resources, the health of farming states. communities, access to secure “The success of climate-resilient, nutrition, and empowerment of Zero Budget Natural Farming The AP ZBNF programme embeds women, ZBNF constitutes an in AP will not only help India in social, environmental, and economic effective cross-sectoral strategy for meeting its SDGs but it can also considerations to ensure inclusive achieving targets. inspire and transform the lives and responsible growth. A farm ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 15 Amravati to be a ‘happy city’ in addition to being a smart one

The paradigm for development in AP is one which combines prosperity with happiness. Elucidating what happiness means at the three- day Happy Cities Summit held near Amravati, the chief minister said, “Happiness is not the result of any achievement or making more money”. The definition was further elaborated through extended interactions between Chandrababu Naidu and the Isha Foundation chairman, Sadguru Jaggi Vasudev, who was the chief guest at the event. The chief minister was definitive that the government, too, had a role to play in engendering happiness by creating liveable public spaces. Representatives lighting the lamps to inaugurate the Happy Cities Summit. Chief Minister N. Chandrababu Naidu and Jaggi Vasudev, The summit saw the attendance of Isha Foundation Chairman, also participated in the event. 1200 delegates from 37 countries. GoAP partnered with Dalberg, Confederation of Indian Industries During the three-day summit, best practices, innovations and ideas and Centre for Liveable Cities (CLC), thinkers, designers, architects, for enhancing societal happiness in Singapore, to host the summit. planners, city leaders and the cities of the 21st century. entrepreneurs discussed and shared There were discussions on a host A framework for measuring of topics, including ‘Why happiness ‘city happiness’ is the next frontier’; ‘Ease of A key objective of the summit was to living, measuring city happiness’; evolve a framework for thinking about ‘Joyful living: liveable and inclusive and measuring ‘city happiness’. The communities’; ‘Clean, Blue and summit also sought to lay down a Green sustainable, efficient and set of principles, especially relevant resilient cities’; ‘Voices of the farmers for cities in the developing world, – the first citizens of Amaravati’; and for guiding policy and action in ‘Purpose and prosperity: Vibrant establishing ‘happy cities’. and innovative economies’.

Delegations from different countries, Chief Minister N Chandrababu Naidu and other officials who participated in the Summit. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 16 Andhra Pradesh signs business pact with UAE- based BLF group

APEDB has taken the lead to sign those of UAE, policies and business investments in the IT infrastructure, an MoU with the Business Leaders models set us apart. UAE knows education, health, mining, housing Forum (BLF), Dubai. The MoU will how to identify the best talent and other sectors. They proposed see an inflow of investments into all and create wealth by allowing for that the investments be made in the the key sectors driving the state’s execution through progressive PPP mode. economy. economic policies,” he said. The BLF team also used their visit BLF, which is a not-for-profit forum, “I want to make AP a hub for to get an insight into the economic was formed as a part of the India agriculture, horticulture, aquaculture environment and understand Trade & Exhibition Centre (ITEC), by and livestock cultivation. We are the requirements of the state for the Indian Embassy and Consulate associating with new innovative establishing new industries. General of India in UAE and the education models. We are aiming APEDB and BLF will closely Ministry of Economy (UAE). It was to make the state CO2 neutral. Our collaborate to draw up policies and regulations that will foster the growth and development of industries from UAE. The following delegates participated in the meeting in addition to the APEDB CEO, Jasthi Krishna Kishore, and the Additional Secretary, A. V. Rajamouli: 1. Dr. Ram Buxani, President of BLF and Chairman of ITL Cosmos Group, 2. Mr. Paras Shahdadpuri, Senior Vice President of BLF and Chairman of Nikai Group of Companies, 3. Mr. Y. Sudhir Kumar Shetty, Vice Chief Minister N Chandrababu Naidu presenting a memento to Dr. Ram President of BLF and President of Buxani – Senior Vice President (Chairman, ITL Cosmos Group). UAE Exchange LLC, 4. Mr. Kamal Puri, Education Sector established in 2017, to augment state offers a lot of opportunities in Chairman of BLF and Founder bilateral trade between both tourism. Araku and Lambasingi are President of Skyline University countries. extremely attractive destinations, College, with unique landscapes of coffee At the meeting with the BLF team 5. Mr. Rizwan Sajan, Construction plantations and rivers. I also aim to at his residence in Undavalli, Chief Sector Chairman of BLF and maintain and reduce power tariffs Minister, N. Chandrababu Naidu, was Chairman of Danube Building in the state.” confident that AP would be able to Materials FZCO, provide the best infrastructure and “Our governance is also done in 6. Mr. Sudesh Aggarwal, the right ecosystem for investments real-time. Investments are made Investments Sector Chairman in every sector. He reiterated his easy with the help of the latest and Chairman of Giant Group of commitment to turn AP into a self- technology, and I aim to integrate ITEC, sufficient and economically strong technology with all aspects 7. Mr. Adeeb Ahamed, Hospitality state. He asked the delegates to of governance. IoT, artificial Sector Chairman and Managing coordinate with APEDB to draw up intelligence and other innovative Director of Lulu Financial Group, an action plan to explore possible solutions must be integrated with and investments. every aspect of the state; sky is 8. Mr. Nawab Shahtaj, Industry the limit,” said the chief minister. Sector Chairman and Chairman “UAE and AP have had a long and of Mulk Holdings FZC fulfilling relationship. While the size The delegates responded by saying and population of AP are five times that the Forum was keen to facilitate ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 17 Nara Lokesh says state committed to sports and youth development

Mr. Nara Lokesh, Minister for the Minister. He inaugurated the stadium in Hyderabad, were Panchayat Raj and Information NT Rama Rao Sports Complex in constructed. Technology, announced that the Kuppam and promised that all the During the same period, he also government has taken steps to four mandals in the constituency took the initiative in conducting provide over three lakh jobs to youth would get one stadium each. the Afro-Asian Games and the in the IT sector in the state. The minister pointed out that Mr. National Games in Hyderabad. Mr. The state government has been N. Chandrababu Naidu had always Chandrababu Naidu also allotted committed to encourage sports and encouraged sports, and that it was land to the Pullela Gopichand youth development in a big way and during his tenure as chief minister Academy. The Academy has every constituency would get a mini of the combined state that many produced many medal winners like stadium to achieve this goal, said stadiums, including the Gachibowli PV Sindhu, and Saina Nehwal!

Fraunhofer IMW partners with APEDB to attract investments from Germany

APEDB will collaborate with Fraunhofer IMW to conduct investment promotion activities and facilitate investment from Germany and other parts of Europe into the state. An MoU was exchanged on 23rd April 2018 at Hannover Messe, Germany to take this working arrangement forward. Fraunhofer IMW’s expertise lies in analysing the conditions for internationalisation of business and developing strategies, policy instruments and options that can be practically applied by industry, institutions, regions and governments. Fraunhofer IMW will help the state in forging successful partnerships to promote investment and knowledge transfer. Mr. Krishna Kishore CEO, APEDB exchanging Memorandum of Agreement At the Fraunhofer Gesellschat with Prof. Dr. Thorsten Posselt, Director & Head of the Fraunhofer IMW. stand at Hannover Messe, Prof. Dr. Tobias Dauth introduced their this visit, focusing on the automobile beneficial, enabling APEDB to get representatives to the CEO, APEDB and biotechnology sectors. advice on the technology front and the German companies to enter the and discussed the possibilities of The CEO also visited the BMW AP market. establishing close cooperation manufacturing plant in Leipzig and with the latter for furthering met the Director, Mr. Kenzel, and AP is an emerging economy moving investments. The deliberations on his team to apprise them of the towards double-digit growth. identified areas of cooperation were business friendly ecosystem in AP The state presents abundant continued when the CEO, APEDB, and invited them to leverage the opportunities to medium and small made an official visit to Fraunhofer growing market and the conducive enterprises in Germany and Europe IMW, Leipzig. Prof. Dr. Thorsten business climate in the state. to expand their operations using Posselt, Director of Fraunhofer IMW, Collaboration between APEDB and Fraunhofer IMW’s expertise. led several engagements during Fraunhofer IMW will be mutually ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 18 Ashok Leyland commences building state-of-the- art bus plant in AP

Ashok Leyland, the world’s fourth He added that, “While the plant will plant is also strategically located to largest bus maker and a flagship of have the capability to make the entire meet the demands of centre, east the Hinduja Group, has committed range of buses of the Ashok Leyland and southern India markets.” an investment totalling Rs.340 brand, the facility will also include Welcoming Ashok Leyland to AP, crores towards setting up a bus an electric vehicle development Chief Minister N. Chandrababu plant in AP. The project will be centre comprising a futuristic Naidu said, “It is a key addition to our undertaken in two phases. conveyor line, pilot assembly line family, expanding the manufacturing and prototype development. It will As part of the first phase, work has hub here.” The chief minister was also be a completely green facility, with commenced on building a greenfield appreciative of the new jobs that the rooftop solar panels, LED lighting, factory near Model Industrial Park, project would create and the skilling battery operated vehicles for in- Mallavalli village, in . of labour that would ensue. plant movement, positive water The factory is poised to manufacture balance and zero discharge.” The venture was also applauded 9,600 buses a year by the end of the by Dheeraj G. Hinduja, Chairman, second phase. AP as strategic location Ashok Leyland, who said, “The Speaking to journalists on the for rest of India Hinduja Group is proud that its sidelines of the ground breaking flagship Ashok Leyland has chosen “This facility will help us be ahead of ceremony, Mr. Vinod K. Dasari, MD the vibrant State of Andhra Pradesh the curve by ensuring our readiness & CEO of Ashok Leyland, said that for its latest plant. Ashok Leyland towards implementation of the bus the plant would start commercial has been at the forefront of mass body code and to meet the rising operations six months from the mobility in the country. With this new demand for ready-to-use, fully-built government readying the road plant, we are preparing ourselves trucks as well. We will also produce infrastructure and would employ for the future.” electric vehicles at this plant. The new over 5,000 people.

Chief Minister N Chandrababu Naidu lays the foundation stone for the Ashok Leyland bus plant. Sri Dheeraj G. Hinduja, Chairman, Sri.Vinod K Dasari, MD & CEO, Ashok Leyland, Industry Minister Sri. N. Amarnatha Reddy also participated in the ceremony. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 19 Franklin, a Fortune 500 company, to set up a global development centre in Visakhapatnam

Chief Minister N Chandrababu Naidu lays the foundation stone for Franklin Templeton Investments & Innova Solutions in Visakhapatnam. Nara Lokesh, the IT Minister, Ganta Srinivasa Rao, the HRD Minister and Ms. Jennifer M Johnson, the President & COO of Franklin Resources Inc. were also present at the event.

Speaking at the inauguration of the “The company will invest Rs.450 The chief minister also inaugurated new Franklin Templeton Investments crores gradually on setting up the the global development centre office in Visakhapatnam, the chief centre and provide 2,500 high-end being set up by Conduent Inc., the minister said that the fact that a jobs,” he added. business process services arm of Fortune 500 company like Franklin Xerox, in the IT park at Rushikonda. The chief minister recalled how the Templeton Investments had chosen company had first set up the centre This venture will generate 5,000 to set up a centre in the city was in Hyderabad in the undivided state jobs in the next two years and will indicative of the future trends. way back in 2002 and expressed invest roughly Rs.650 crores. The There was every likelihood that confidence and faith in him. It is state was trying to create the right Visakhapatnam would become well-known that it was he who had environment for IT companies to a financial technology hub in the put Hyderabad on the IT growth flourish in the city. country, especially since the state is trajectory and was now doing the focused on strengthening its IT sector. same for Visakhapatnam. Chandrababu Naidu lays foundation stone for NRT Icon project at Amaravati Government Complex

The state government will Society. The high-rise building, which to help create high-wage jobs for support the non-resident Telugu will be developed as a mixed-use about 2,000-3,000 people. community’s efforts to establish zone with commercial, residential The building will include office industries, promised Chief Minister and recreational spaces, will come spaces, convention centres, meeting Nara Chandrababu Naidu after up near the Amaravati Government rooms and other workplace features laying the foundation stone for Complex (AGC) in Rayapudi. in a built-up area of nine lakh sq ft. the historic NRT iCON Tower in The plan is to construct the building “It will also have residential facilities Amaravati. across five acres at an estimated like garden apartments and It is a 33-stroreyed building, which cost of Rs.400 crores. The APNRT recreational spaces, such as terrace is the first direct investment project Society, which is promoting NRT gardens, spa and infinity pool,” the undertaken by the Andhra Pradesh Icon as ‘a real estate property with members of the society said. Non-Resident Telugu (APNRT) minimal risk’, is expecting the project ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 20 The Chief Minister urges young management graduates to become entrepreneurs

Delivering the second convocation Women empowerment is change and that “Education should be more oriented towards field and address at the IIM-Visakhapatnam, the key the chief minister urged the practical work rather than mere Commending IIM Visakhapatnam young graduates to not tread the classroom learning. Knowledge for promoting gender equity by conventional path but use their should be utilised to create impact.” admitting over 25% girls, he said, imagination to spur their career “Women empowerment is the key to Hari S. Bhartia, Founder and Co- growth in tandem with the growth the overall development of a country. Chairman of the governing board of the state. He urged them to The role reversal has already set of IIM Visakhapatnam, pointed out become entrepreneurs and create in. Earlier, women were dependent that this was the second batch employment; in other words, to turn on men, and now it is the other that was graduating from the ‘job givers from job seekers’. way round.” Quoting the success Institute. It was the first batch to be Talking about information of women self-help groups (SHGs), awarded an MBA degree after the technology, the tech-savvy chief he said, “what began as a small Indian Institutes of Management Act, 2017 had come into force. Mr. minister said, “The fourth industrial initiative years ago is today a strong Bhartia also informed the gathering revolution has begun and this time force of 90 lakh women, managing that, in about three years’ time, it hinges on IT and IOT (Internet 9 lakh organisations. If a woman the institution would have its of Things). Make technology can manage a home successfully, own state-of-the-art campus at the platform for building your she can manage anything.” He urged the management of IIM Gambheeram. dreams. Set goals and proceed Visakhapatnam to work towards systematically towards them.” At the convocation, 43 students increasing the percentage of He advised the management out of a total of 45 were awarded women being admitted to 50% in graduates saying, “Earning money degrees. It was a scene of joyous the coming years. is only a by-product, the important excitement as the graduates, thing is building a strong career that Talking about the education system, dressed in their convocation gowns, revolves around ethical values.” he said that it needed a fundamental received the degree from the chief minister.

Chief Minister N Chandrababu Naidu presided over the Second Annual Convocation, IIM, Visakhapatnam. HRD Minister Ganta Srinivasa Rao and Hari S. Bhartia, Chairman of the Governing Board of IIM, Visakhapatnam also attended the function. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 21 IT Minister Nara Lokesh receives “Digital Leader of the Year” Award for the best utilisation of technology in governance

When the Microsoft co-founder and initiatives of using cutting-edge for the best utilisation of technology philanthropist Bill Gates praised the technology in Panchayat Raj, Rural in governance. Mr. Lokesh won this state of AP at the valedictory session Development, and Rural Water award for using the latest technology of the AP AgTech Summit-2017 for Supply departments – they stand and producing good results in the its enterprising use of technology, it testimony to the IT minister, Mr. Nara Panchayat Raj, Rural Development, was well deserved! Lokesh’s work. and Rural Water Supply departments. Further endorsement The momentum in AP has been It was an acknowledgment of his of the state’s efforts were seen building up − and it is technology leadership when he received the when the Panchayat Raj and the that is making it happen, opening “Digital Leader of the Year” Award Rural Water Supply Department up even bigger opportunities in during the Business World Digital officials won another award for the the state for growth, inclusion, India Summit and Awards 2018 ultramodern tracking system for its and further investment. Consider at New Delhi. The Business World water supply programme. the examples of the innumerable magazine announced this award

Mr. Nara Lokesh, Minister for IT, Panchayat Raj & Rural Development, receives the “Digital Leader of the Year” Award at the Business World Digital India Summit in New Delhi. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 22 Hero MotoCorp lays foundation for INR 1,600 crores facility in AP

What began as a discussion at built on a 600-acre site, will see an investments to Rs. 3,200 crores. a dinner table with the AP chief investment of Rs. 1,600 crores and According to the CEO, a fully minister saw fruition in March 2018, will become operational in December operational assembly line will ensure when Hero MotoCorp, the country’s 2019. At full capacity, the factory will an installed capacity of 11 million largest two-wheeler company, laid manufacture 1.8 million units. units of motorcycles and scooters the foundation stone for its factory The project will benefit the state per annum. Hero’s present capacity at . Chief Minister on multiple fronts. It will spur is over eight million per annum. N Chandrababu Naidu laid the development in a backward region There was every possibility that the foundation stone in the presence of of the state by creating 12,000 jobs, Chittoor plant would be developed Pawan Munjal, Chairman, MD and including 2,000 direct jobs. It will also as a key hub for exports since it was CEO, Hero MotoCorp. spur auxiliary industries that supply strategically located. The Chittoor plant, which is being the components, increasing total Premier automobile mechanical components company to invest $200m in facility at Sri City

Toughness, High Quality, and Know- construction is scheduled to start by as major production supplies are how (THK), a well-known Japanese August 2018. located near the source of demand. company manufacturing linear AP is also poised to catalyse Akihiro Teramachi, President and CEO, motion guides and equipment investments in manufacturing.” THK, and J Krishna Kishore, CEO, for transport vehicles, will soon APEDB, signed the MoU. The chief The state is also promoting a be establishing a unit in Andhra minister was also present at the event. Japanese industrial township Pradesh; it will, in fact, be its first and Japan India Institutes for manufacturing base in India. The Investment in the Manufacturing (JIMs) to attract more $200 million investment will be manufacturing sector capital and manufacturers. done in a phased manner, with $50 According to J Krishna Kishore, million being invested during the first THK has a manufacturing presence “THK shall accelerate full-scale phase. The manufacturing facility in Japan, North America, China, globalisation by investing in AP will be spread across 50 acres, and Korea and Europe.

Mr. Akihiro Teramachi, CEO, President & Director, THK, and J. Krishna Kishore, CEO, APEDB, exchange MoUs in the presence of Chief Minister Chandrababu Naidu. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 23 Amaravati to get a brand new multi-purpose convention centre

Kuni Umi Asset Management The initial proposal was to set up yards plot in the heart of the capital. Company Ltd., well-known a 5,000 sq ft centre, which was The proposal is to be finalised Japanese infrastructure firm, is later revised to 10,000 sq ft after a shortly, and the convention centre not a new business investor for meeting with the chief minister. The is scheduled to be completed in five AP. Earlier this year, the company centre will be built in a 2,000 sq months’ time once work commences. signed an MoU with APCRDA for an affordable housing project in Amaravati. They have now offered to build a multipurpose convention centre in the capital.. The convention centre will act as a window to encourage Japanese investments besides boosting tourism. The centre, which will be designed by the renowned Japanese architect Shigeru Ban, will be a modular one, which means that its components can be dismantled and reused or relocated. As per the proposal, it will have a ‘human future pavilion’, which Dr. Sreedhar, I.A.S, Commissioner, interacts with a representative from Kuni Umi will be able to seat 600 people. Asset Management Company Ltd. MoU with SUN Mobility to revolutionise day-to- day travel in AP

The Partnership Summit 2018, held Fast-emerging automotive “At SUN Mobility, we see the in Visakhapatnam, was the venue technologies future of mobility centred around for many new business partnerships. electric transportation powered by APEDB signed an MoU with SUN Speaking on the occasion, Mr. J renewable energy. It is encouraging Mobility to set up Interoperable Krishna Kishore, CEO, APEDB, to see the AP government support Electric Vehicle (EV) Charging/ said, “AP is disrupting tomorrow’s innovation and demonstrate their Swapping infrastructure, Smart connectivity by driving India’s vision for a clean and sustainable Batteries™, Quick Interchange mobility today. We are glad to future through partnerships with Stations™, and Smart Network. The work with SUN Mobility to meet the industry innovators like SUN Mobility,” MoU is going to revolutionise the infrastructure needs of the fast- said Uday Khemka, Co-Founder and way the state commutes. emerging automotive technologies Vice-Chairman, SUN Mobility. in the state.” The plan is to begin with a pilot in Visakhapatnam, followed by a state- wide roll-out in select cities. The project, spread over 3 to 5 years, will include buses, three-wheelers, taxis and intra-city cargo vehicles. The MoU aims at creating the necessary infrastructure for the EV ecosystem at the grassroots level, thereby enabling a cleaner, less polluted world for the current and future generations. By separating the battery from the vehicle, SUN MoUs were exchanged between APEDB CEO J. Krishna Kishore and Mobility aims to drastically reduce Mr. Chetan Maini, Co-founder and Vice-Chairman, SUN Mobility to the upfront cost of EVs. introduce radical changes in the way the state commutes. ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 24 IT Minister, Nara Lokesh, invites Akon Lighting Company to set up a solar equipment unit and a skill development centre

The World Economic Forum, Davos, provided the venue for a fruitful interaction between IT Minister, Nara Lokesh, and the Akon Lighting Africa company cofounder, Mr. Akon. The minister requested the latter to help implement the Community Solar Energy Project in some of the villages in AP on a pilot basis and the latter responded positively. Mr. Lokesh also reiterated the state’s commitment to renewable energy and outlined the revolutionary reforms being adopted by the government in the energy sector Mr. Nara Lokesh, Minister for IT, meets with Mr. Akon, Akon Lighting Africa and its promotion of solar and wind cofounder, at the World Economic Forum, Davos. energies. Mr. Akon confirmed that his company would set up a skill Stating that the state government Lab during his upcoming visit to the development academy to train the had introduced several innovations United States. rural youth. The company will also in governance, the minister said that Later, the IT Minister met with the partner with the AP government AP was making use of technology representatives of Hyperloop, a to set up a solar power equipment and data in a wide range of areas fast transit system for passenger manufacturing centre. to extend better services to the and freight, and requested them to people in real time. The invitation complete the study on the 12-km Innovation centre was accepted by Beth Symon, who pilot project between Vijayawada said that professors from the United During his meeting with Prof. Beth and Amaravati at the earliest. The States would help train resources to Symon from the New York University minister said the state could use the manage the innovation centre. Governance Lab in Davos, Mr. study for similar projects in other Lokesh invited him to set up an Mr. Symon also invited Mr. Lokesh to parts of AP. innovation centre in the state. the New York University Governance

Farmers to be exposed to global best practices in agriculture

If industry is a thrust area for implementation of the Organic for highest quality standards in for Andhra Pradesh, so is Farming Enablement and Off-take procurement.” agriculture. The chief minister Project. The Amway India CEO, The project will enable Amway is equally invested in improving Anshu Budhraja, and APEDB CEO, J. India to source organic agricultural the agricultural sector and Krishna Kishore, were the signatories. produce from local farmers for farmer livelihoods. At the recently A release issued quoted Mr. use in the manufacturing of concluded CII Partnership Budhraja as saying: “We believe this Nutrilite products in India. The Summit, the chief minister was project will benefit the agriculture sourcing will be undertaken witness to the signing of an MoU sector, empower small farmers after examining the commercial between Amway India, a direct- and expose them to our global best viability and conducting selling FMCG company, and practices like NutriCert − certification appropriate feasibility studies. APEDB, the nodal state agency ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 25 Integrated apparel and textile park to come up in Chittoor

Mr. Kulin Lalbhai, Executive Director, Arvind Ltd., and J Krishna Kishore, CEO, APEDB, exchanging MoUs. Chief Minister Chandrababu Naidu was also present at the signing ceremony.

Along with automobiles, IT, apparel and textile park in Chittoor. 5,000 workers in garment making in petrochemicals, food and agro- This park will help transform the proposed unit. Chittoor from a backward district based industries, textiles is also Speaking at the event, J Krishna into a developed one through value- a sector that the state seeks to Kishore, CEO, APEDB, said: “Textiles added industrialisation. promote. Arvind Ltd., the flagship is a priority sector for AP as the company of the Lalbhai Group, is The facility will be established, in state aims to increase productivity India’s largest denim manufacturer multiple phases, across 100-125 and efficiency by attracting and the world’s fourth-largest acres, with an initial investment of integrated textile units.” In fact, the producer and exporter of denim. Rs.250-300 crores, and will have chief minister has been promoting Recently, APDEB entered into an the capacity to produce 24 million this sector since it has the potential MoU with Arvind Ltd., paving the way units of shirts and jeans per annum. to create employment, especially for the setting up of an integrated The company will also train over for women. Preferred destination for investments in the chemical sector

Runaya Metsource LLP signed resources sector. It is estimated from local logistics, transportation, an MOU with APEDB, during the to have invested around Rs.1500- and fabrication units. The chlorine Partnership Summit in March 2018, 1600 crores in AP; and the current derivatives and various by-products to explore the possibilities of setting project is envisaged to generate from the plant have immense up a caustic soda plant in AP. employment for over 1500 people in significance in organic, inorganic the auxiliary industries. The factory chemicals, steel pickling, food industry, The company is an entrepreneurial will have the capacity to produce at PVC, metal cutting lubricant and public venture of the Agarwal family, which least 300 tons of caustic soda daily. water treatment. Runaya Metsource owns the Vedanta Group. Runaya is currently examining the techno- seeks to leverage cutting-edge Besides employment generation, the commercial feasibility of the project technology to enable innovation, project will promote economic activity at a few locations in Visakhapatnam, sustainability and efficiency in the state through the procurement Vizianagaram and Kakinada districts. enhancement in the broader of construction material and services ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 26 Vicat Group to set up a greenfield cement grinding unit

Guy Sidos, Chairman, Vicat Group, and Dr. Sirish, APEDB, are all smiles as they exchange MoUS at the Indo-French Economic Partnership event held in New Delhi.

Vizianagaram is going to get a operations in India in 2008, with Rs.1,735 crores in India. According to new cement grinding unit based an Indian partner, in the name of Anoop Kumar Saxena, CEO, Kalburgi on an MoU that the French cement VICAT Sagar Cement Pvt. Ltd. and, Cements Pvt. Ltd., the proposed major Vicat Group entered into with in 2014, became a 100% owned investment will complement the APEDB. subsidiary of Vicat. It was renamed economic development agenda Kalburgi Cement Pvt. Ltd. and has of the states, and boost growth The MOU was exchanged at the an operating plant of 2.75 MTPA in by generating jobs; it will also pull Indo-French Economic Partnership the Kalburgi district of Karnataka. marginalised families out of poverty. event held in New Delhi. The group plans to invest about The €2.5 billion Vicat Group started

MoU signed to bring stem cell treatment to AP

APDEB has signed an MoU with based therapy to aid those Rs.150 crores into the state in the Global Institute of Stem suffering from degenerative or two phases, and is expected to Cell Therapy and Research genetic diseases around the world. generate 200 direct jobs and (GIOSTAR). The company was The agreement will bring in direct more in auxiliary industries. formed to provide stem cell- investment of approximately

Solar academy and assembly plant for AP

A solar academy and solar Lighting Africa is an initiative started founders of Solektra International, assembly plant is to be established by Solektra International to bring Mr Samba Bathily and celebrity in AP on the basis of an MOU signed clean, renewable and affordable singer Akon, were present during between the APDEB CEO, Shri J. energy solutions primarily to rural the signing of the MoU. Krishna Kishore, and Mr. Samba and off-grid areas in Africa. The co- Bathily, CEO, Solektra Int. The Akon ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 27 Innovative banana fibre cloth manufacturing unit to come up in AP

An MoU exchange between J. Krishna Kishore, CEO, APEDB, and Mr. Satyanarayana, Chief Promoter & CEO of the Co-operative Society.

The chief minister has always & CEO of the co-operative society, pilot during the first phase and later encouraged innovative ideas, and Mr. Ambika Krishna, ex-MLC, scaled up to the other districts. It will especially if they are clean, green were part of the signing ceremony. bring direct investment to the tune and generate employment. A recent of Rs.98 crores into the state and Agriculture and allied sectors example is the Letter of Intent is expected to generate 300 direct enjoyed 11.2% GSDP growth rate (LoI) signed between the Sunrise jobs and 900 indirect jobs. during 2017-18. The chief minister Farmers Banana Fibre Processing wants to sustain the double-digit The Society also proposed to Industrial Co-operative Society growth in the primary sector. Against leverage its professional strengths Limited and APEDB to establish this background, the APDEB CEO in areas of investment, technology, a cloth manufacturing unit using assured Mr. Satyanarayana that planning and design to set up banana fibre and its by-products. the requirements of the proposed the proposed unit according to The unit will come up in the East project would be met on a timely Dr. Sambasiva Rao Pokuri, who is Godavari district of AP. basis. coordinating the project on behalf Mr. J. Krishna Kishore, CEO, APEDB, of APEDB. The project will be set up in 25 acres Mr. Satyanarayana, Chief Promoter in the as a JRG automotive to set up plastic parts unit in Anantapur

In May 2018, JRG Automotive JRG Automotive, incorporated in slated to create employment for at announced their decision to 2012, is engaged primarily in the least 400 people. manufacture and sale of plastic establish an automotive plastic Commending the new venture, the moulded components to various parts unit in , AP, APEDB CEO said, “The state of original manufacturers and Tier-I by signing an MoU with APEDB. The AP has emerged as a destination suppliers. The company has four of choice for major automotive MoU was signed by Dilip Verma, manufacturing plants in India. manufacturers. This investment by General Manager, JRG Automotive, JRG has undertaken site visits JRG Automotive helps augment the and J. Krishna Kishore, CEO, APEDB. in Anantapur and finalised land automotive value chain in AP.” parcels in Gudipalli. The unit is ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD JULY 2018 | ISSUE-5 | PAGE 28

Mr. Aylwin Tan, Chief Customer Solutions Officer at Ascendas-Singbridge and Ms. Beatrice Leow, Senior Vice President, Customer Services & Solutions Singapore facilitated a 3 day training programme on Investment Promotion. Mr. S.P.Tucker, Executive Vice Chairman, APEDB and Mr. J. Krishna Kishore, CEO, APEDB also participated on the final day of the programme at the APEDB Office.

HYDERABAD Lake View House, Mr. J. KRISHNA KISHORE, CA, IRS, Raj Bhavan Road, Chief Executive Officer, APEDB / Secretary to Govt. of AP. Hyderabad - Email : [email protected] 500082 India Mobile : +91 9948099840 HELPDESK: Email : [email protected] Mobile : +91 40 23320481, +91 40 23320491

NEW DELHI MUMBAI Andhra Pradesh Bhavan, # 1, Ashoka Road, New Delhi 110001. Mr. WILLIAM THEODARE IMMANUEL Ms. DIPTI KAHAR Sector : External Engagement Lead Email : [email protected] Email : [email protected] Mobile : +91 98193 44244 Mobile : +91 7093488143

VIJAYAWADA CM Camp Office, Irrigation Dept Road, Buckinghampeta, Vijayawada, Andhra Pradesh-520 002. Mr. SARIN PARAPARAKATH Ms. SARANYA NIMMAGADDA Sector : Facilitation & Promotion Lead Sector : Facilitation & Promotion Lead Email : [email protected] Email : [email protected] Mobile : +91 9884726248 Mobile : +91 9848617666

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ACKNOWLEDGMENT The information and photos represented in this newsletter are produced by and a property of the Andhra Pradesh Economic Development Board. However, some of the content may have been sourced from the internet, news agencies and subsidiary government bodies. The editorial team of the newsletter acknowledges all such contributors for their support.