Andhra Pradesh Chief Minister N Chandrababu Naidu, on the second day of his visit to Japan, called upon Japanese investors to choose his State as a manufacturing base and export their products to south-east Asia from the string of ports that AP has to offer.
In a presentation made to various Japanese trade organisations and representatives of companies at Osaka on Tuesday, Naidu said that in addition to the existing Visakhapatnam airport, his State was going to develop 15 new ports.
He briefed the Japanese investors and industrialists about the massive opportunities available in Andhra Pradesh across various sectors and listed various measures to simplify the procedures for getting approvals for the investment proposals. "Any investment proposal will be cleared in just seven days,” he assured the Japanese investors.
Apart from India IT forum representatives, Naidu also addressed the Osaka Chambers of Commerce. “India now has a stable and investor friendly Government,” he said. In respect to Andhra Pradesh he said that the State is number one in production of rice and commercial crops. The State also has immense human and natural resources including minerals and water, he added.
AP was in a position to supply round the clock power to the industries, he said. “Visakhapatnam is going to be developed as a Smart City,” Naidu added.Naidu described Japan's immense technological progress and development as an "inspiration and motivation" for India.Naidu, who was accompanied by State Minister Y Ramakrishnudu and Narayana, MPs Jayadev Galla, CM Ramesh, and K Rammohan Rao, also visited Panasonic City and also travelled in a bullet train in Tokyo.
Earlier, he had also visited NIDEC, the number one motor manufacturer in the world and invited the company to set up its project in Andhra Pradesh. He also wooed Yanmar, the Japanese Agriculture Machinery and Equipment Business to make investments in the State.