China desk for investment and ease of doing business to be set up in AP

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’.

Recent Posts

LYCRA showcases renewable fiber innovations

The LYCRA Company is presenting a range of new fibre technologies, focusing on performance, comfort and the use of recycled…

18 hours ago

DITF explores converting wind turbine blades into textile fibers

The German Institutes of Textile and Fiber Research Denkendorf is exploring how retired wind turbine blades could be turned into…

18 hours ago

Corn, beeswax-based textile treatment to offer PFAS finishes alternative

University of Texas has developed a textile treatment made from corn-derived protein and beeswax to help fabrics resist water and…

18 hours ago

Researchers develop selective recycling process for polyester blends

Researchers have developed a recycling process to break down polyester in blended textiles while preserving cotton and spandex present in…

2 days ago

Aalto researchers remove dye from cotton for recycling

Researchers have developed a two-step process that can remove up to 99.3% of colour from reactive-dyed cotton while keeping most…

2 days ago

Indorama Ventures partners to launch biodegradable wash mitt

Schülke, Nitto, Indorama Ventures and Polymateria have launched a new biodegradable disposable wash mitt in Germany, Switzerland, Austria and Spain.

2 days ago