Andhra CM Chandrababu Naidu Successfully Concludes Four-Day Davos Visit

Andhra CM Chandrababu Naidu Successfully Concludes

 Four-Day Davos Visit

Andhra Pradesh Chief Minister N. Chandrababu Naidu wrapped up a highly productive four-day visit to Davos, Switzerland, where he promoted the state as an attractive investment destination. His interactions with global leaders and CEOs highlighted the potential of Andhra Pradesh in sectors such as green energy, pharmaceuticals, textiles, and manufacturing.

Key Highlights of the Davos Visit

1️⃣ Global Networking for Investments
CM Naidu held discussions with executives from 15 prominent global companies, presenting Andhra Pradesh’s business-friendly policies and infrastructure. He invited investments in sectors like pharmaceuticals, medical devices, technical textiles, and rail components.

2️⃣ Focus on Brand Building
During roundtable meetings and special sessions, CM Naidu emphasized Andhra Pradesh's vision and capabilities, promoting its brand image on the global stage.

Day 1: Collaboration with Switzerland

  • CM Naidu met Indian Ambassador to Switzerland, Mridul Kumar, to discuss partnerships with Swiss universities in skill development and artificial intelligence (AI).
  • Swiss companies like Swissmem, Oerlikon, Angst Pfister, and Swiss Textiles expressed interest in collaborating with Andhra Pradesh:
    • Swissmem: Invited to establish an R&D centre and innovation hub.
    • Oerlikon: Proposed an advanced coating centre in the state.
    • Angst Pfister: Discussed plans for an advanced sealing solutions plant.
    • Swiss Textiles: Explored contract manufacturing and skill development programs.

Day 2: Vision for Green Growth

  • At a session by the Confederation of Indian Industry (CII), CM Naidu outlined Andhra Pradesh's Vision 2047 with ten guiding principles for sustainable development.
  • He proposed the establishment of a Global Leadership Center (GLC) in Amaravati to groom future leaders.
  • The Chief Minister reiterated the state’s ambition to become a global hub for green energy and green hydrogen.

Day 3: Major Investment Proposals

Several top companies expressed keen interest in investing in Andhra Pradesh:

  • Maersk: Exploring investment opportunities in logistics and shipping.
  • Cisco: Plans for a Global Capability Center (GCC) in Visakhapatnam or Tirupati, along with network equipment manufacturing and skill development programs.
  • LG Chem: South Korea’s largest chemical company discussed a petrochemical unit in Andhra Pradesh.
  • Carlsberg Group: Considering setting up an integrated brewery and bottling unit.
  • ArcelorMittal: Committed to a ₹1.4 lakh crore integrated steel project in Anakapalle.
  • Google Cloud: CEO Thomas Kurian was requested to establish a design centre and potentially a server manufacturing unit.
  • Petronas: Announced plans to invest ₹13,000–15,000 crore in a plant at Kakinada.
  • PepsiCo: Requested to establish a global delivery centre and a technology hub for its beauty and personal care portfolio.

Day 4: Meeting Global Icons

  • CM Naidu met with Bill Gates, founder of Microsoft, to discuss turning Andhra Pradesh into a hub for health, education, and innovation.
  • Discussions were also held with renowned leaders like:
    • Roberto Bocca, Head of the Center for Energy and Materials.
    • Rizwan Soomar, MD of DP World.
    • Anurag Jain, CEO of Access Health Care.
    • Nicholas Gugger, Member of the Swiss National Council.
    • Christelle Lucie Brodard, Swiss State Councillor.

Focus on Sustainability and Innovation

  • Andhra Pradesh aims to generate 165 GW of renewable energy to lead the green energy revolution.
  • CM Naidu emphasized integrating AI and innovative technologies across various industries.

Key Takeaways from the Visit

  • CM Naidu's visit fostered immense interest among global investors, showcasing Andhra Pradesh's potential as a business-friendly hub.
  • The discussions focused on sustainability, green industrialization, and future-ready infrastructure.
  • Investments are set to further bolster Andhra Pradesh's economy, employment opportunities, and global standing.

💬 What are your thoughts on Andhra Pradesh’s strides towards becoming a global hub for innovation and green energy? Let’s discuss in the comments!

Location: Pune, Maharashtra, India

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