Andhra Pradesh CM Chandrababu Naidu woos Swiss companies for investments in state

VIJAYWADA: Andhra Pradesh Chief Minister N Chandrababu Naidu today invited leading Swiss companies to establish manufacturing units in the State.

Naidu elaborated on business opportunities in Andhra Pradesh at an investor meet in Zurich, Switzerland, and asked Swiss firms, especially those in manufacturing sector, to invest in the souther State, AP Government's Information and Public Relations Department said in a release here.

The Chief Minister was addressing the meet ahead of his visit to Davos, where he will participate in World Economic Forum's annual summit beginning tomorrow.

Naidu is accompanied by a large delegation comprising Ministers and officials from the state. He interacted with representatives of leading Swiss companies at Zurich.

According to the release, Naidu invited Meyer Berger, a solar equipment manufacturer, to establish its unit either in Visakhapatnam or Rajahmundry.

He also met senior executives of companies like Nuesch, Keller, Gherzi, Verde International and SEAS, and sought investments in areas such as urban development, solar and hydro power and and textile, it added.