Dutch delegation of industrialist and businessmen keen to invest in AP

Dutch delegation of industrialists and businessmen lead by Netherlands Ambassador to India Alfonsus Stoelinga on Thursday met the Chief Minister N Chandrababu who briefed the delegation on various initiative his government has taken in ten sectors to attract investment.

The chief minister told the delegation that in AP apart from natural and human resources, there was enough land, power supply and connectivity. The delegation, after discussion with the CM, evinced interest in investing in AP and decided to set up a joint working group to devise a road map.

The 10 sectors include textile-apparel, Agro-food processing, life sciences, electronics, mineral industry, aerospace, energy, leather, petroleum, chemicals, petro-chemicals and automobiles.

He also told the delegation that the products being manufactured are proposed to be sold through big names like Amazon, Flipcart, Big Basket and Snapdeal. Philips offered to come up with energy saving devices for major industries, commercial complexes and houses. They could form special purpose vehicles with power utilities in the state and work in this direction.

The chief minister praised Netherlands for occupying second position in the world in export of agriculture products. If AP laid focus on mechanisation of agriculture, the state could become unbeatable in the sector as he was also promoting inland water transport just as in Netherland.

An official press release from the chief minister’s office claimed that the Netherlands Ambassador praised Naidu for his commitment to take the state forward.