Naidu, Indra Nooyi to visit Sri City on Thursday

HYDERABAD: Giving a thrust to industrial sector in Andhra Pradesh, Chief Minister N Chandrababu Naidu and PepsiCo chairperson and CEO Indra Nooyi will visit PepsiCo plant in Sri City on April 3.

Further to their meet in Davos, Indra Nooyi and the Chief Minister will decide on areas of collaboration between the FMCG giant and the government on Friday. Later in the day, the Chief Minister will also inaugurate several manufacturing facilities at Sri City SEZ. The facilities will come as a big boost to the industrial sector in the State. They are also expected to bring in investments and create employment opportunities.

The Chief Minister will take part in the ground-breaking ceremony for 11 industrial units. The units are: Rexam, Vermeiren, Cipy Pagel, KGI Clothing, Ayurvet, Brindco, Power Gas, Koncept Poly Pro, Be’ Rollex, Beva Silicones and Godawari Udyog. The CM will inaugurate nine industrial units in Sri City which are:

Netherlands-based Hunter Douglas is setting up an industrial facility with a proposed investment of Rs 250 crores and will provide an employment potential for 300. The USA-based Pharma West Pharma is setting up its facility with a proposed investment of Rs 150 crore and will provide an employment potential for 150.

China-based Electronics industry ZTT India Pvt Ltd is setting up an industry with a proposed investment of Rs 100 crore and will provide an employment potential for 250. The Japan-based Nippon Seiki is setting up an Engineering facility with a proposed investment of Rs 100 crore and will provide an employment potential for 100. India-based Mohan Mutha Polytech is setting up a Plastic Molding industry with a proposed investment of Rs 100 crores and will provide an employment potential for 100. Japan’s Kusakabe, an auto components-based industry is setting up its facility with a proposed investment of Rs 100 crores and will provide an employment potential for 150.

Singapore-based Vital Solutions Pte Ltd is setting up a Paper Processing unit with a proposed investment of Rs 50 crores and will provide an employment potential for 50. India-based Siddaratha Logistics is setting up a Warehousing facility with a proposed investment of Rs 50 crores and will provide an employment potential for 100. China-based engineering firm Chung Xing is setting up its facility with a proposed investment of Rs 40 crores and will provide an employment potential for 100.

India-based Artura Pharma is setting up its facility with a proposed investment of Rs 40 crores and provide an employment potential for 300. The Chief Minister will also engage in an interactive session with business leaders. In the afternoon, he will also meet Mr. N Vaghul, Former Chairman, ICICI Bank, Dr. SS Badrinath, Chariman, Sri City Sankara Nethralay, Dr. KM Cherian, Chairman, Sri City Frontier Lifeline Hospital and Dr. Nachiket Mor, Director, Central Board, RBI.

Later, the Chief Minister will participate in the 100 years celebrations of Italy-based steel major Danieli. He will also flag off Kobelco Cranes, first Export Grade Crane to South Asia. (NSS)

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