Babu Holds Series of Meetings in China

HYDERABAD: On the last leg of China visit, Chief Minister Chandrababu Naidu and his team 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.

The Chief Minister briefed the delegates about various strengths the state holds and also 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.

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. Naidu 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 wants to 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, an MoU can be signed in his presence,” CM added. Indian Ambassador to China Ashok K. Kantha and the Consul General of Shanghai Naveen Srivastava were also present at the meeting.

Nanjing-based construction giant Jiangsu Provincial Construction Company met the government delegation. Vice-Presidents Shen Zhi and Dai expressed their interest in visiting the state in May and exploring opportunities.  Naidu 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.

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 markets. They informed the Chief Minister that they are planning to explore 500MW plant, as a startup. Clearing their apprehensions over employing skilled labour, the Chief Minister clarified that the state has excellent human resources.

In a meeting with another Solar based company, 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 delegation later attended a third round table meeting in Shanghai on ‘Business opportunities in the state of Andhra Pradesh.Indian Ambassador to China Ashok K. Kantha briefed the members of the round-table meeting about the resources Andhra Pradesh holds and its potential to attract investors. He lauded Naidu’s efforts in developing Cyberabad and expressed confidence in replicating best development models for the new state. Mr. Naidu believes that there is a synergy between Andhra Pradesh and Shanghai’s achievements, Kantha said.

Naidu said that he is happy that the Chinese companies are showing interest 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.

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. (NSS)

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