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Several companies evinced keen interest in Andhra Pradesh in export driven projects, fund management, solar panels, construction of low energy buildings, cotton textile industry and gold refinery units at a meeting Andhra Pradesh Chief Minister N Chandrababu Naidu had with various business delegations before leaving for Davos to attend the 46th World Economic Forum Annual Summit.
Zurich: Several companies evinced keen interest in Andhra Pradesh in export driven projects, fund management, solar panels, construction of low energy buildings, cotton textile industry and gold refinery units at a meeting Andhra Pradesh Chief Minister N Chandrababu Naidu had with various business delegations before leaving for Davos to attend the 46th World Economic Forum Annual Summit.
A delegation from leading solar panel manufacturing company, Meyer Burger said they were considering Vizag and Rajahmundry as suitable locations. The Chief Minister offered the delegation real-time assistance to set up their plant. He explained the demographic advantages of each town in Andhra Pradesh.
Another company that showed interest was BhmPartners Group which s serves as fund managers for investors. They are focussed on biotechnology, biomedical science, diagnostics and medical sciences. A solar panel manufacturing company Flisom said they were interested in setting up a solar panel manufacturing plant in Andhra Pradesh with a starting investment of $200 million.
The company manufactures flexible solar modules. Later, delegations from Nuesch Development, Keller, Gherzi, and SEAS (Society de l'eau Aerienne Suisse) companies made presentations to the Chief Minister.
Jens Weise, Head of Customer Management, BKW Engineering which specialises in hydro power generation said that they were interested to partner with Andhra Pradesh in the conventional energy sector.
The Chief Minister invited the delegation to visit Andhra Pradesh and perform a study on the state’s hydro resources and come up with projects to work upon. Similarly, Franceso Gherzi, Chairman, Gherzi Textile Unit submitted a mega textile park proposal with an investment of Rs 2000 crore to the Chief Minister.
The delegation informed that Gherzi Textile unit is present in India for the last three decades and operates some textile units in Andhra Pradesh as well. The Chief Minister invited the delegations to take up projects on pilot basis in Andhra Pradesh.
He asked them to do prototype projects and scale up further. Later, a delegation from Verde International AG gave a presentation to the Chief Minister. In the presentation, they explained their novel technology that doesn’t require dam storage capacity and is eco friendly.
