AP CM taps industry majors at Davos for investments


  • J Groff, CEO of Mobino, wants to work with AP to accelerate the digitalisation of money transactions.
  • Joshi Foundation asked to collaborate with the Andhra Pradesh Skill Development Corporation
  • CM also invited them to associate with the proposed Energy University that is going to come up in Andhra Pradesh.
  • Dure Technologies want Andhra Pradesh and its new capital to be a zero TBA� State and City
  • CM asks Electro Paints SA group to make AP their investment destination

Amaravati: Chief Minister N Chandrababu Naidu, who is currently on a visit to Davos, held a bilateral meeting with Diego Salmeron, CEO of LEP Consultants. Diego Salmeron made a presentation where he mentioned that LEP Consultants AG is a professional consultancy firm specialized in spatial and environmental planning tasks at different levels in an international context. It provides services and products in the field of urban development and sustainable management of resources to fast growing towns and changing regions.

Later, the Chief Minister met representatives from Poyry Group which is a 120-year-old company. The group has huge experience in handling energy and infrastructure projects globally.

J Groff, CEO of Mobino Switzerland, met the Chief Minister and gave a presentation on the banking services that they provide. Mobino is one of the pioneers of FinTech innovation in Switzerland. A�

Groff informed the Chief Minister that he wants to work with India, and Andhra Pradesh, in particular, to accelerate the digitalisation of money transactions. The Chief Minister asked the secretaries to be in touch with Groff and get ideas on digitization.

Later, Chandrababu Naidu held a bilateral meeting with Joshi Foundation. Its founder Dr. Rajendra K Joshi was born in India and is a doctor in Switzerland. They started this foundation and transformed Switzerland in terms of skill development. The members of the foundation are keen on bringing Swiss practices, knowledge and technology to India. It may be noted that Joshi Foundation is already working with the Government of Rajasthan on the Bharatiya Skill Development Campus.

The Chief Minister said that he was looking forward for a possible collaboration with the Joshi Foundation and asked it to either replicate the work done in Rajasthan in AP or develop a new model especially for the State. He pointed out that the foundation can collaborate with the Andhra Pradesh Skill Development Corporation.

a�?We are providing internet at a very low cost to all the villages in Andhra Pradesh. We are also connecting all schools through our Fibre grid. You can make use of this facility and take forward the foundation initiatives in Andhra Pradesh also,a�? said the Chief Minister. He invited them to associate with the proposed Energy University that is going to come up in Andhra Pradesh with the help of Government of India.

Meeting with Dure Technologies

Dure has a portfolio of innovative technology products and solutions in the public health and social development sector. The company provides strategic services to the UN organs, national government bodies and related international organizations across several countries in Asia, Africa and Europe.

The group is now engaged in fighting TB. The representative said that one in every four TB cases in the world is from India. The group said that they want Andhra Pradesh to be zero TuberculosisA� State and Amaravati zero Tuberculosis A�city. Dure is also into cyber security and regulation. Their group has expertise which is now working with Swiss banks. The Chief Minister mentioned that Cyber security is very important especially in the context of digital economy initiatives post demonetization.

The last meeting was held with Electro Paints SA group. They are using latest technology of painting which is eco friendly and the group wants to expand its operations to Asia and is looking at India for starting its units. The Chief Minister has invited the group to make AP its investment destination by setting up a unit.

Later, the Chief Minister and the AP delegation visited the Stadler factory in Bussnang. From the factory, they will travel to Davos.

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