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A.P. best investment destination: CII

Special Correspondent


CII proposes a common minimum economic agenda for political parties

CII to work with the Government on disaster management policy


HYDERABAD: President of the Confederation of Indian Industry (CII) K. V. Kamath, who is also the CEO and Managing Director of ICICI Bank Ltd, has said that Andhra Pradesh is the best investment destination in the country.

Addressing a press conference here on Wednesday, Mr. Kamath said that the CII wanted to work with the State Government, as the State had already made a head start in developing people for accelerated inclusive growth, which was the State theme of the CII.

The key initiatives envisaged by the CII for the State included Vision 2025 laying emphasis on employment generation, inclusive and sustainable growth and good governance.

The CII proposed a common minimum economic agenda for political parties on AP Vision 2025.

To train youth

It would train 5,000 youth under grass-roots level skill development initiative, upgrade 24 it is into centres of excellence, promote 100 entrepreneurs under public-private partnership, study and protect geographic indication in traditional sectors.

Mr. Kamath said that industrial potential of Adilabad, Medak and Nizamabad districts would be studied by the CII. It would focus on developing zones – Visakhapatnam, Vijayawada, Guntur, Tirupati and Rajahmundry.

Office in Vizag

It would set up an office in Visakhapatnam, set up a steel taskforce to drive steel cluster there and to create a blueprint for the city to develop it as a tourism destination. The CII would work with the Government on disaster management policy.

CII Southern Region president B.V.R. Mohan Reddy and State president Utpal Sen Gupta were also present.

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