INZBC delegation represented by Prince Kumar and Praveen Chirra attended Govt. of Andhra Pradesh Partnership Summit 2017 held at Vishakhapatnam, India on 27th & 28th January. Delegates and government representatives from more than 50 countries participated in the partnership summit organized by CII in cooperation with the Department of Industrial Policy and Promotion, Ministry of Commerce India, and the Government of Andhra Pradesh.
Summit showcased Andhra Pradesh as India’s sunrise state and focussed on how it promises new opportunities for the investors. The delegation also met with Mr. Chandrababu Naidu, Chief Minister of Andhra Pradesh and discussed various opportunities to put New Zealand on the map for bilateral trade, Investment & business opportunities.
At the partnership summit, Chief Minister, N. Chandrababu Naidu made a detailed presentation on the Vision 2029 to make the Andhra Pradesh best destination in the world, and to make Amaravati a futuristic city.
Mr. Naidu welcomed the investors to partner with the state and make it their second home. He alsstated that the GSDP growth in the state has been consistently outperforming the national average. GSDP witnessed remarkable growth and stood at 10.99 % in 2016 as against nation’s overall GDP growth of 7.5 %. Mr. Naidu further mentioned that their target is to touch 15% growth in the next year. The delegation also got an opportunity to meet with commerce ministers from Bangladesh and Nepal, Mr Tofail Ahmed and Mr Romi Gauchan Thakali. Ministers extended their support for future trade opportunities between both the countries in multiple sectors including education along other imports and exports.
The Partnership Summit, was organised in conjunction with CII. INZBC having an MOU with CII, it’s members were invited to attend the summit.The INZBC head of Govt. relation, Mr. Wenceslaus Anthony had worked with both the Indian government and CII, to ensure a successful participation of INZBC. Mr Anthony says, “This successful trip of our members is evidence of the fact that we do not only have MOUs in letter, but in spirit too. The Govt. of Andhra Pradesh was very happy with our participation and we shall be working closely with them for investments and business”.
INZBC Chair, Robert Barker says, “INZBC works with various state governments to promote the various sections of the economy, as India is a vast market and we need to target different industries individually”