46 MoUs 46 firms, Naidu unveils massive Mission

Can you guess the total worth of the investments coming to AP in the coming years? It’s going to be Rs.35,745 Cr and AP government is going to sign 46 MoUs with 46 companies from India and other countries, like Canada, Japan and UAE. And this would happen in Vishakapatnam on May 29, while launching the ‘Industrial Mission’ of the state.

This massive drive comes with a lot of promises to both people (72,210 new job opportunities) and companies (single-window clearances which the state claims to grant clearances within 21 days). Besides the launch of the ‘Industrial Mission’, Naidu will also unveil the state’s industrial policy and sectoral policy and launch of single desk policy.

In the event, Naidu will give land allotment letters to Asian Paints, ONGC, KRIBCO and Kurlon for their proposed plants in the state. Obviously delegates from both National and International reputed companies would be in attendance for the massive event in Vizag. A grand event and great promises from a visionary like Naidu. Now all the eyes are set on AP and Naidu.