Non-Resident Telugu Society plans iconic tower in Amaravati

It will house offices of 50 companies floated by Non-Resident Indians

May 22, 2016 12:00 am | Updated September 12, 2016 07:50 pm IST - VIJAYAWADA

Adviser to Government of AP NRT Affairs and Investments Ravi Kumar Vemuru addressing a press conference in Vijayawada on Saturday. — PHOTO: V. RAJU.

Adviser to Government of AP NRT Affairs and Investments Ravi Kumar Vemuru addressing a press conference in Vijayawada on Saturday. — PHOTO: V. RAJU.

: The Andhra Pradesh Non-Resident Telugu Society (AP-NRTS), which is headed by Chief Minister N. Chandrababu Naidu, unveiled a grand plan of constructing a 27-floor iconic building in the emerging capital city of Amaravati in the coming few years.

It will have offices of 50 companies floated by NRIs, including a fair number of NRT entities, a revolving restaurant and other state-of-the-art facilities targeted at business visitors and tourists.

The project will be almost entirely funded by NRTs though the NRTS was formed by A.P government, said NRTS CEO Ravi Kumar Vemuru.

Addressing a press conference here on Saturday, Mr. Kumar said the proposed high-rise structure was a part of NRTS’s activities planned for Amaravati, and exuded confidence that the NRTs (Non-Resident Telugus) would contribute their mite for development of the State.

He claimed that the NRTs were bringing back nearly Rs. 30,000 crore into the State economy every year. It was a phenomenal thing that any section of the Indian Diaspora could do to their motherland, he observed.

Mr. Ravi Kumar said the NRTS would serve as a ‘common conduit’ for the North American Telugu Association, United Kingdom Telugu Association, Telugu Association of North America and other Telugu associations in the world. It has felicitated the signing of MoUs by 76 companies with the Government of Andhra Pradesh and was in touch with more firms keen on investing in what is being touted as the Sunrise State.

Registration

NRTS is rendering services through its NRT Affairs, Investment and Smart Village divisions. Those interested in availing its services have to get themselves registered with it. Further details can be seen on websitewww.apnrt.com

AP-NRTS NRT Affairs Chief Coordinator K. Bucchi Ram Prasad, Investment Division Director K. Seshu Babu and Smart Village Division Special Officer M. Niranjan were present.

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