Friday, June 3, 2016

Siemens CMD MEET BABU

In order to develop Andhra Pradesh in all sectors. Mr. Chandra Babu making all efforts to meet and greet all the business fraternity to  mobilize funds for the state. Today Mr. Sunil Mathur, CMD, Siemens, met  Chandra Babu Naidu at his office in Vijayawada and discussed opportunities to set up learning and development centres in the state of Andhra Pradesh.
Investments in the aerospace and defence sectors
 In the last two year's of chandra babu's tenure, he is  able attract or mobilise  some of the big ticket investments in the aerospace and defence sectors. Through this ,aims to attract investments worth ₹20,000 crore and create 5,000 jobs in the sector by 2020.
Major clusters and parks:
1. Aerospace and Defence Park (on PPP basis) in Anantapur and Chittoor/Nellore districts.
2. World-class Maintenance, Repair and Overhaul (MRO) facility as a part of proposed Bhogapuram Aerotropolis near Visakhapatnam.
3. Air Cargo complex near Visakhapatnam
4. Aerospace and Defence industrial park in Palasamudram, Anantapur.

Existing projects:
1. DRDO
2. GMR

Upcoming projects in the state:
1. Essel Infra
2. Vittal Innovation City
3. Menzies Aviation

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