CM Chandrababu naidu piches For investment From Pharmaceutical Companies || Metro TV Telugu

N Chandrababu Naidu pitches for investment from pharmaceutical companies Subscribe our youtube channel Metro telugu tv https://goo.gl/pdkVLF Chief Minister N Chandrababu Naidu pitched for investments in Andhra Pradesh from the pharmaceutical companies from across the country who were present at the three-day 68th Indian Pharmaceutical Congress in Visakhapatnam on Saturday Mr Naidu tried to hard-sell the resources of the state and the TD government’s policies at the IPC held here at Andhra University campus Speaking on the occasion Mr Naidu said that he laid emphasis on the pharma sector even during his earlier stint at the Chief Minister’s office to reduce import dependency of both medications as well as medical equipment “Andhra Pradesh has been home to many USFDA-approved companies Now I ask the Pharma CEOs to look forward to investing in the AP Med Tech Zone in Visakhapatnam which is the first-of-its kind in the country to manufacture medical equipment and a testing facility open for innovators and industrialists” Mr Naidu said He also explained the advantages of the state including airport and port connectivity surplus power with the discoms land bank human resources of the state etc “Last Year AP bagged second place in India in terms of ease of doing business and this year we ascended to first place During the Partnership Summit in Visakhapatnam in January we entered MoUs with various companies worth Rs 47 lakh crore and about 60 percent of them have already realised According to the RBI’s recent report Andhra Pradesh topped in attracting industrial investments in the country by 158 per cent of the total investments in 2014-15 With the growing economic conditions people started spending on their health India is the only country having a potential of double-digit growth and a huge demographic dividend” he added IPCA president SV Veeramani LOC chairman Dr Rao Vadlaamudi LOC secretary Dr TV Narayana and others were present Watch Metro TV the leading Telugu news channel a 24/7 LIVE news channel dedicated to live reports exclusive interviews breaking news sports weather entertainment business updates and current affairs we provide All the updates in over Andhra Pradesh and Telangana