Anil Ambani announces Rs. 5000 cr for defence
manufacturing facility at Andhra Pradesh during the three-day summit.
The 22nd edition of
Confederate of Indian Industry or CII Partnership Summit, kicks off in
Visakhapatnam and has been organised to showcase investment opportunities in
‘Sunrise Andhra Pradesh’. The three-day event is expected to see signing of
over 100 MoUs.
Union Finance Minister Arun
Jaitley, Andhra Pradesh Chief Minister Chandrababu Naidu and several other
union ministers such as P. Ashok Gajapati Raju, Nirmala Sitharaman and Y.S.
Choudhary are present at the event.
The summit will see signing
of MoUs envisaging an investment of Rs.2 lakh crore.
Latest updates:
>> Finance Minister
Arun Jaitley says, "After Start Up India, we are going to launch a new
programme called Stand Up India. Stand Up India is available to only two
sections of society- women entrepreneurs and the SC,ST entrepreneurs."
"Every public sector and
private sector bank, each branch in the country has to fund one SC,ST and one
woman entrepreneur." adds Mr. Jaitley
>> "PM Modi is
successful in converting cooperative federalism into competitive federalism. I
say AP has many assets to become an investors' destination because of dynamic
leadership and ecosystem," says Mr. Jaitley at the inauguration of CII
Partnership Meet.
>> Mr. Naidu makes a
fervent appeal to Finance Minister Arun Jaitley on funding liberally to rebuild
AP.
>> At the opening
ceremony of the CII partnership Meet, Andhra Pradesh CM Chandrababu Naidu makes
a strong pitch for investment in Sunrise Andhra Pradesh. Ensures clearance to
industries in 21 days. Says we will be come No. 1 State in ease of doing
business by simplifying procedures and ending permission raj.
>>
Nearly 1,600 delegates including 350 from U.S., China and 39 other countries
are present at the summit, says CII Director General ChandrJit Banerjee in
opening address. He says this is the largest ever turnout at the Partnership
Summit.
>>
Union Ministers P. Ashok Gajapati Raju, Nirmala Sitharaman and Y.S. Choudhary
are present.
>> Anil Ambani, Naushad
Forbes, G.M. Rao and Adi Godej are among the VVIPs present. With over 1,300
delegates, AP targets for some high-level investments in the state.
>> After the
dance show, the 22nd edition of CII Partnership Summit and Sunrise AP
Investment Meet begins.
>>Programme
begins with Dhimsa and other folk dances highlighting the importance of AP as
Sunrise State.
>> Mr. Jaitley
is greeted by CII Director General Chandrajit Banerjee, president Sumit
Mazumdar and Dept. Of Industrial Policy & Promotion Amitabh Kant.
Dignitaries arrive at main venue of CII Partnership Summit.
>> Union
Finance Minister Arun Jaitley arrives at the summit. He inaugurates the expo on
AP-India's Sunrise State as USP.
>> Mr. Naidu accompanied
by Union Commerce Minister Nirmala Sitharaman arrive at Harbour Park which is
the venue of summit. They go around the exhibition being conducted by
Industries Department.
>> Red carpet
rolled out to welcome Union Finance Minister Arun Jaitley, Chief Minister
Chandrababu Naidu and other VIPs at CII Partnership Summit.
>> The summit
with focus on projecting Andhra Pradesh as Sunrise State has attracted 1300-odd
delegates with over 300 from 41 countries
>> Delegates
from across the world have started arriving in the city. Union Finance Minister
Arun Jaitley will inaugurate the summit at 3 p.m.
>> Commandos
of Greyhounds and Octopus, along with local police, have been positioned at
various vulnerable points as part of the security measures for the summit being
held for three days at APIIC Harbour Park.
>>
Commissioner of Police Amit Garg says they are taking no chance as far as
security isconcerned.
>> Chief
Minister N. Chandrababu Naidu will deliver keynote address at the inaugural
session, spelling out his government’s priorities.
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