The Andhra Pradesh, Chief Minister N. Chandrababu Naidu on the third day of his tour to China on Tueday during a roundtable on Business Opportunities announced that the State would setting up of a dedicated China desk for investments and ease of doing business, behinds signing six Government-to-Business MoUs.
Inviting the Chinese to make Amaravathi their second home after Beijing, he observed that this was the right time to do business in India.
Following the round-table, five B2B MoUs and six G2B MoUs were signed.
The B2B MoUs included signing of three MoUs by manufacturer and supplier of apparels, Brandix with China Chamber of Commerce for Import and Export of Textile and Apparel (CCCT) and others.
The G2B MoUs were with China Association of Small and Medium Enterprises (CASME), Camel Group Company Ltd., China Council for Promotion of International Trade (CCPIT), Sinoma International Engineering Company, New Hope Liuhe Company Ltd and construction wing of CCPIT.
Mr. Naidu said that six ports and eight new airports would be built in the State. Also the government plans to develop Vijayawada, Visakhapatnam and Tirupati as ‘Smart Cities’.
Carbonova, which produces carbon nanofibres (CNFs) from greenhouse gas emissions, has closed an oversubscribed C$5.1 million equity financing round.
Armedangels has signed a non-binding Letter of Intent with Finnish company Spinnova to secure potential access to its fibre for…
Intrinsic Advanced Materials, the company behind CiCLO technology, will debut a new generation of responsible-performance luxury home textiles at Heimtextil…
Serge Ferrari Group, a developer of composite fabrics, has announced the expansion of its Batyline Eden collection with the addition…
Spinnova has partnered with Fashion for Good to increase the availability of Spinnova’s sustainable fibre in the textile materials market.
Birla Cellulose has entered into a cooperation agreement with Circulose to support textile recycling through the use of pulp made…