The Tata group on Monday evinced interest in investing in the hospitality industry and the electric vehicle manufacturing sector in the State. The Tata group officials told Chief Minister N. Chandrababu Naidu, who visited the Tata Experience Centre in Mumbai, that they were working on electrical vehicles in nine cities at present. An electric car would be released into the market in two months, they said.
They made a presentation to the Chief Minister on their plans and Mr. Naidu assured them all cooperation. He also invited them to visit Andhra Pradesh and present their proposals. One committee each would be constituted for the proposals, Mr. Naidu said.
Earlier, Mr. Naidu explained Tata Trusts Chairman Ratan N Tata the tourism potential.
Target of 1 lakh rooms
The State government had set a target of constructing one lakh rooms — a boost to hotel industry. With picturesque places, the State could be promoted as tourist destination. Andhra Pradesh was the best place to invest in the hotel industry, he said.
The government planned to promote electric vehicles, Mr. Naidu said and suggested the group to invest in the manufacturing of electric buses. The idea was to promote green mobility and introduce e-buses in Capital city Amaravati area. The government was expecting their cooperation and expertise in this endeavour.
Referring to air connectivity, Mr. Naidu said the first international flight from Vijayawada to Singapore would be operated from October 2.
Meets industrialists
Mr. Naidu later interacted with captains of the industry at the Taj Mahal Palace. Reliance Industries Limited Chairman and Managing Director Mukesh Ambani, Godrej group Managing Director Nadir Godrej, Mahindra World City Developers Limited COO Sangeeta Prasad, Aditya Birla group Chairman Kumar Mangalam Birla, Raheja group president Neel Chandru Raheja, Welspun Chairman Balakrishna Goenka, Haldia group Chairman Purnendu Chatterjee and Vikas Deep Gupta of Piramal group were present.
Economic Development Board CEO J Krishna Kishore and Kumar Rajagopalan, CEO of Retailers Association of India, signed an MoU. Another one was signed with Hikvision India, one of the world’s leading providers of innovative video surveillance products and solutions.
Finance Minister Yanamala Ramakrishnudu, Municipal Administration Minister P. Narayana, Special Chief Secretary Satish Chandra, Principal Secretaries Ajay Jain and G Saiprasad, State Planning Board vice-chairman C Kutumba Rao, RTG CEO Babu A, CRDA Commissioner Ch Sridhar, Commissioner of Information and Public Relations S Venkateswar and other officials accompanied Mr. Naidu.
