Presentation by ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD Government of Andhra Pradesh, India.

Transcription

1 Presentation by ANDHRA PRADESH ECONOMIC DEVELOPMENT BOARD Government of Andhra Pradesh, India. 1

2 India A leading center of trade & investment India 3 rd 6 th Largest Economy (PPP): USD trillion* Largest Economy (nominal): USD 2.85 trillion* 1 st Among world s largest and fastest growing economies 2 nd Largest population in the world 1 st Among 100 countries on Growth, Innovation and Leadership index* 3 rd Top FDI investment destination >500 m Labour workforce 7.5% GDP growth forecast 2 nd Largest English Speaking nation 1 st Youngest population * IMF estimates for calendar year

3 Visits of Prime Minister of India to Japan Visit of Prime Minister to Japan, August, 2014 Visit of Prime Minister to Japan, November 10-12, 2016 Indo - Japan annual summit, September,

4 Sunrise Andhra Pradesh Vision 2029 To become one amongst the three best states in India by 2022 The best state in development and happiness by 2029 A leading global investment destination by 2050 Mr. N. Chandrababu Naidu Hon ble Chief Minister 4

5 Partnership between Andhra Pradesh and Japan 5

6 CM of Andhra Pradesh s visit to Japan Honourable CM of Andhra Pradesh with Honourable PM of Japan, November

7 Japanese Prowess and Andhra Pradesh Opportunities Partnership Summit (organized by DIPP, Ministry of Commerce and Industry and CII) The flagship event Partnership Summit 2018 had a country specific session focussed on Japan to emphasize the ongoing relationship between Japanese companies and the Government of AP. Chief Minister Chandrababu Naidu along with J. Krishna Kishore, CEO, APEDB exchanging the MoUs at the Japan Country Session during PS-2018 Participation from 25 firms including Kobelco, Toray Industries, NEC Technologies, Lixil India, Kuni Umi Asset Management Co. and more. 7

8 Government of Andhra Pradesh engagement with Japan Honourable CM with honorable Mr. Yosuke Takagi, State Minister of Economy, Trade and Industry, Government of Japan Honourable CM with honorable Mr. Daisaku Hiraki, Parliamentary Vice-Minister of Economy, Government of Japan 8

9 Japan and Andhra Pradesh Engagements Japan Public Private Joint Conference, July,

10 Andhra Pradesh- Japan Public Private Joint Conference July 2017 Honourable CM with honorable Mr. Yosuke Takagi, State Minister of Economy, Trade and Industry, Government of Japan 10

11 Andhra Pradesh and Toyoma Prefecture- Sister States Chief Minister Mr. N. Chandrababu Naidu and Toyama Governor Mr. Takakazu Ishii at Amaravati, December 2015 High level delegation from Toyoma prefecture visiting Sri City, Andhra Pradesh, October

12 A Glimpse of Andhra Pradesh 12

13 Andhra Pradesh is at the forefront of India s growth story 8 th Largest state in India spread across 162,968 sq km 2 nd Longest coastline in India (974 km) 123 Billion USD GSDP in Total airports by 2020 (6 existing) 50 % Targeted increase in urbanization from 35% 11.2 % State GSDP growth, higher than national average 13

14 Fastest growing major economy in India Double Digit growth rate in Industry, Agriculture and Service sectors Andhra Pradesh Economy Andhra Pradesh vs India Growth Rate Andhra Pradesh vs India Per Capita Income USD 123 billion economy with consistent double digit growth USD 1 = INR 65 The Andhra Pradesh Economy is growing at a higher rate than the Indian economy. Growth in was 4.2% higher than the national average Per capita income (PCI) and spending power of the Andhra Pradesh population is growing at a faster rate than that of India. 14

15 Sunrise Andhra Pradesh Vision 2029 To be among top 3 developed states in India by 2022 PROJECTED TARGETS SIZE OF THE ECONOMY GSDP (USD Bn) PER CAPITA INCOME (USD) To be the No.1 state in development & happiness by 2029 To become a leading global investment destination by 2050 ACCELERATING ECONOMIC GROWTH ENHANCING LABOUR PRODUCTIVITY KEY PERFORMANCE INDICATORS Cumulative Investments in range of $145 Billion Economic growth 12% Global Competitiveness Index to be in top 15 HDI index of 09 Employment for 14.4 million citizens 15

16 Conducive Business Environment Overarching policy framework driving the economic growth State of the Year Award by CNBC #1 state in attracting private sector investment Among Top 3 States In attracting FDI (2016) #1 State in implementation of energy efficiency reforms 26 Awards Received by the State Power Sector during Gold Awards For Innovations in Governance at 20th egov Conference 16

17 We promise stable business environment, hassle free clearances and investor handholding SINGLE DESK PORTAL FOR ALL APPROVALS TO SET UP INDUSTRY IN ANDHRA PRADESH ALL APPROVALS WITHIN APPROVALS GRANTED TILL DATE COMPLIANCE IN LAST 6 MONTHS COMPLIANCE IN LAST 2 MONTHS 21-DAYS 24, % 100% ELECTRICITY CONNECTION CONSTRUCTION PERMITS LABOUR INSPECTION REFORMS INCENTIVE SANCTION & DISBURSEMENT Approvals in 15 days System driven scrutiny of drawings Risk-based categorization of industry for inspection Complete online system 17

18 We offer the most competitive incentives Government land on outright sale Approvals within 21- days 24X7 quality power supply Investment handholding & facilitation Stable industrial relations Lowest land rates Waiver on stamp duty Power subsidy Water subsidy Tailor-made incentives for Mega projects Reimbursement of SGST accrued to State Capital subsidy for Green measures Clean production measures External Infrastructure at doorstep Training subsidy Quality certification Marketing at fairs Patent cost 18

19 A modern and robust infrastructure The state of Andhra Pradesh has a strong and well-established infrastructure enabling a conducive ecosystem for industrial growth WORLD-CLASS PORT INFRASTRUCTURE 6 Operational Ports 180 MMT capacity at existing ports, with 120 MMT traffic handled 8 new ports proposed Large coastline (974 km) STRONG AIRPORT INFRASTRUCTURE 6 existing Airports 6 proposed 4 Greenfield airports Mega Aerotropolis to be developed in Bhogapuram 24x7 QUALITY AND RELIABLE POWER 24X7 reliable and quality power to industry 15,400 MW capacity addition planned by ,000 MW solar energy production and 8000 MW wind energy production by 2021 OVER 300,000 ACRES OF LAND BANK GIS-enabled Land Bank of 300,000 acres Affordable land rates and 99-years lease 2 COASTAL EMPLOYMENT ZONES PLANNED CEZ in Krishnapatnam (focus on electronics) being planned CEZ in Vizag, Kakinada (focus on petrochemicals, food processing, cement, apparel) being planned INDUSTRIAL & TOURISM INFRASTRUCTURE ALONG COASTLINE 1,23,334 km of Road Network (4,302 km - NHs) 2,660 km of rail network 888 km National Waterway Industrial clusters along Corridors Development of 974 Km beach corridor road facing ocean 19

20 Andhra Pradesh Connectivity India s Gateway to the East 6 Operational Airports, including 3 International Airport 920 Flights per week connecting Rest of India and South East Asia. Rapid increase in connectivity planned 22 Destinations connected from State to India and Abroad 32 National Highways, stretching 6400 Kms to rest of India 40% CAGR in last 3 years; fastest growing passenger traffic in India 7040 Km of rail network, connecting every town in the State 20

21 Advantage AP : Industrial Corridors VISAKHAPATNAM NODE (VCIC) Bhavanapadu (150 MMTPA) ORVAKAL NODE (KBIC) (Part of Kurnool - Bengaluru Industrial Corridor) Nagarjuna Sagar Donakonda Vijayawada Ramky Pharma City Atchutapuram SEZ Visakhapatnam Kakinada SEZ Rajahmundry Visakhapatnam Gangavaram Kakinada SEZ (150 MMTPA) Kakinada Deepwater Kakinada Anchorage Rawa Narasapuram (150 MMTPA) Machilipatnam (150 MMTPA) Vodarevu Meghavaram Brandix Bhogapuram KAKINADA NODE (VCIC) GANNAVARAM - KANKIPADU NODE (VCIC) HINDUPUR NODE (CBIC) Puttaparti Bengaluru Kadapa Renigunta Kuppam Ramayapatnam (100 MMTPA) IFFCO KISAN SEZ Dagadarthi Krishnapatnam Duggarajapatnam (100 MMTPA) Chennai KRISHNAPATNAM NODE (CBIC) SRIKALAHASTHI - YERPEDU NODE (VCIC) 21

22 Industry ready skilled work-force Envisions to develop state as Knowledge Hub, providing high-quality, research-oriented, industrially-relevant education Facilitate private firms to set up Universities SKILLED WORKFORCE 173,000 Students enrolled Private universities Bill, Engineering colleges 78 Institute of excellence 400 Management schools 18 Industrial Training Institutes IIM Vizag, IIIT Sricity, IIT Tirupati, NID Vijayawada, NIT Tadepalligudem, IIDT State universities 22

23 Japanese Companies in Andhra Pradesh KOBELCO CONSTRUCTION EQUIPMENT INDIA PVT. LTD KOBELCO CRANES INDIA PVT. LTD. KOBELCO PLATE PROCESSING INDIA PVT. LTD. Over 100 Japanese firms are operating in Andhra Pradesh. Sri City industrial enclave has one of the largest concentration of Japanese companies in India. 23

24 Japanese Prowess and Andhra Pradesh Opportunities In the Media 24

25 Snapshot of Japanese Investments in AP

26 Snapshot of Japanese Investments in AP

27 Investment Opportunities across diverse Industries 27

28 An Aiding Ecosystem for Diverse Sectors Andhra Pradesh has unmatched potential with a long coastline, copious water resources and natural resources. Sustainable use of marine and natural resources presents a conducive environment and climate for economic and industrial growth. STRONG AGRICULTURE SECTOR THRIVING MANUFACTURING SECTOR RICH MINERAL RESOURCES 1 st In Production Of Mango, Tomato, Chilies, Papaya, Lime 1 st In Exports Of Marine Products In India % Growth Rate in Agriculture sector despite a shortfall in rainfall of 28% in Industrial Corridors 94 % Barytes resources in India 278 Industrial Estates 94 % Heavy mineral beach sand resources in India 29 Special Economic Zones 18 % Bauxite resources in India 28

29 Agriculture and Food Processing 29

30 Andhra Pradesh India s Leading Agrarian State Contributes 27.59% to state s GSDP Forward Looking Farming Community 63% of population employed in agriculture & related activities Horticulture produce with 1.4 mn ha. Ranked 6th Termed as Rice Bowl of India India s Largest producer of Fruits, Eggs & Aqua products 8.45 mn ha net cultivable area with strong fruits & vegetables, pulses, coconut & livestock production. 30

31 Presence of Diversified Production Base Ranked 1st in Coastal and fresh water aquaculture Ranked 2nd in freshwater fish production Largest producer of shrimp among coastal states FISHERIES DIARY & POULTRY HORTICULTURE AGRICULTURE Ranked 2nd in paddy, groundnut and maize production Ranked 1st in egg production Ranked 2nd in meat production Ranked 3nd in milk production Ranked 1st in mango, papaya Ranked 1st in lemon, tomato, chili and turmeric production 31

32 Aqua Capital of India 980 Kms Coast Line Enterprising farmers Large land and brackish water areas ideally located for the planned expansion Excellent processing facilities, most of them matching the best in the world Ideal coastal environment for establishment of Hatcheries Well developed fishing harbors Total Processing Capacity 60 EEC approved plants 10 Non- EEC approved plants 1 million Tons of Freezing capacity per year Fish & Shrimp Production ( ) (in MTs) Shrimp - 425,821 Fish - 2,089,175 AP s position in Marine Product Exports (Rs Cr.) A.P Position in Shrimp Hatcheries in India India A.P. % All Marine Products 33,442 15,000 45% Total Frozen Shrimps 22,468 14,700 65% Aqua culture shrimps 19,098 14,323 75% Capture Shrimps 3, % Andhra Pradesh : All Other States : 250 Hatcheries including 85 CAA licensed 93 Hatcheries including 32 CAA licensed 32

33 Presence of top players in AP s Food Processing Industry PATANJALI 40

34 Automobiles and Auto components 41

35 India s largest auto entrants in the last two years have invested in Andhra Pradesh Total USD 3.7 Billion Attracted in 3 Years India s 2nd largest auto battery brand Two wheeler battery plant set up India s largest exporter of Auto Components To set up auto components park World s 4th largest Bus Manufacturer Setting up a Bus manufacturing plant Auto Component Majors One of India s largest tyre manufacturer To set up tyre manufacturing plant South Korea s 2nd largest car manufacturer Setting up an Integrated manufacturing facility World s Leading diesel engine manufacturer Rolled out its first Pickup Truck in April 2016 World s largest manufacturer of 2-Wheelers Set to start civil construction 42

36 AP is an ideal location for investments in Automobile and Auto Components sector Export Opportunity Indian Passenger vehicle car export has grown at a 5-yr CAGR of 10.5% Indian 2-wheeler export market has grown at 19.98% YoY (Apr-May 2017) Markets targeted: Middle east, Africa, Asia, Europe & South America 60% of Auto exports are from Chennai port Domestic Market Access Centrally Located for Southern & Western Market, with total 60% of vehicle production & Sales. Andhra-Chennai cluster has biggest domestic & Global Auto OEM s 50% of India s Renewable energy. Biggest Battery application market 60% of Auto exports are from Chennai port Top Metros in South & West India 43

37 Preferred locations for Automobile and Auto Components majors in AP Nellore, Chittoor & Anantapur are emerging as regions of choice for Auto Majors Jawaharlal Nehru Auto Nagar Industrial Estate, Vijayawada KRISHNA Ashok Leyland ANANTAPUR Kia Motors along with subsidiaries & vendors Veera Vahana bus building SriCity CHITTOOR Isuzu Motors Hero Motocorp Amara Raja Group Apollo Tyres Auto Component manufacturers NELLORE Bharat Forge 44

38 Isuzu in Andhra Pradesh ISUZU s India plant built to manufacture its vehicles with international quality standards SRI CITY 50,000 Units USD300 Million 107 Acres Nellore 55 Kms from Chennai Capacity can be expanded to 120,000 units Investment made in the plant Size of manufacturing plant 45

39 Preferred locations for Automobile and Auto Components majors in AP Temporary Utility Connections Start of Construction Activities April 2017 May/ June 2017 May - July 2017 August 2017 December 2018 Signing of MoU Site levelling & Land allotted Target Trial Production Plant Location Anantapur District, Andhra Pradesh Total Employment Direct: 4,000, Indirect: 7,000 Total Investment USD2 Billion (including associates, vendors) Site Area 23 million square feet Production Capacity 3000,000 units annually Inclusions Training Center, Township 46

40 Towards tomorrow s mobility ELECTRIC MOBILITY POLICY INITIATIVES Rapidly create charging infrastructure in 4 major cities in next one year R&D Grants of USD 150 Mn for EV, EV components & battery research Targets Investments of USD 4.5 Bn 100% conversion of state owned buses and cars to EV s Open up market for private charging service providers Phasing out polluting vehicles and incentivize shift to EV s Targets Battery manufacturing of at least 5 GWh Convert 100% taxis in top 4 cities to EV s by 2024 Electric Vehicle Industrial Park for manufacturing 47

41 Textile and Apparel Sector 49

42 Economic Transformation Focus Sector- Textiles and Apparels 2ND LARGEST EXISTING CLUSTERS Silk producer in India (20% of India s production) with 5,970 MT production Chirala 7TH LARGEST Uppada Visakhapatnam Dharmavaram Cotton Producer in India (5% of India s Production) Guntur, Krishna, Prakasam & Kurnool major cotton producing districts Guntur Yemmiganuru Adoni Kodumuru Pedana (Kalamkari) 19 LAKH BALES Mangalagiri Of Cotton Produced during MILLION Spindles 7% of India s Spinning Capacity Madhavaram Jammalamadugu Venkatagiri 18,000 Powerlooms Rayadurga 23 Processing Units 653 RMG Units Nagari Hindupur Handloom Clusters Apparel Clusters Power Loom Clusters Spinning Clusters Huge potential for downstream value addition 50

43 BENGALURU Potential Textile Zones in Andhra Pradesh Opportunities for new investments Vizianagaram Srikakulam VISAKHAPATNAM > Existence of 2 apparel parks - Brandix & Vishakhapatnam Apparel Parks > Port base will help to import material for Technical Textiles Readymade Garments & Technical Textiles Krishna VISAKHAPATNAM West Godavari East Godavari } Gangavaram Rajahmundhry Visakhapatnam PRAKASAM > Concentrated spinning industry in and around > Coastal line suitable for processing Weaving, Processing & Made Ups Guntur Kakinada Kurnool Prakasam Vijayawada NELLORE > District is on coastal line and suitable for processing > Close vicinity to Chennai Processing & Readymade Garments Anantapuram Kadapa Chittoor Nellore Tirupati Krishnapatnam CHITTOOR > Close vicinity to Chennai & Bangalore > Existence of Nagari Power Loom cluster Weaving & Readymade Garments CHENNAI ANANTAPURAM > Close vicinity to Chennai & Bangalore > Existence of readymade Jeans manufacturing cluster in Rayadurg Readymade Garments 51

44 IT and ITES 56

45 Andhra Pradesh IT Ecosystem - Growth Drivers USD 56.6 Mn IT/ITeS exports in FY , at growth of 40% YoY To attract USD 2 Bn worth investments in IT/ITeS sector Recorded 120+ IT Companies and 170+ Start-ups in Policies governing emerging technologies such as Cloud Hub Policy, Startup & Innovation Policy, IoT Policy, DTP Policy, Gaming and Animation Hub Policy GROWTH DRIVAERS Designated technology parks (DTP) to encourage IT companies to set up development centres 4 cities to be developed with IT/ITeS focus- Amaravati, Visakhapatnam, Tirupati and Anantapur Gigabit connectivity to all gram panchayats by 2017 and to all villages by 2020 Fiber Grid Infra Every house to have 15Mbps connectivity at affordable prices and 100Mbps to 1Gbps for institutions and offices 57

46 Transforming Governance Through Technology CORE Dashboard Real Time Governance 1 3 Biometrics 2 Surveillance Shifting gears towards Intuitive GOVERNANCE AP FIBERNET Sensors End to End broadband connectivity upto 1 Gbps Drones >12 Lakh IoT Devices Across 33 Departments Built in Analytics Create an efficient ecosystem for delivery & consumptions of digital services Data Analytics 58

47 Electronics Systems Design and Manufacturing 67

48 Electronics Manufacturing in Andhra Pradesh A Snap Shot India The demand of electronic products in India is expected to grow at a CAGR (compound annual growth rate) of 16-23% between , thus hitting the benchmark of USD 400 billion by 2020 Andhra Pradesh Andhra Pradesh boasts of a thriving Ecosystem with three existing Electronics Manufacturing Clusters, Hardware Park and a global Industrial Park Sri City supported by the best in class Fiscal Incentives and Policies Andhra Pradesh Accounts for 23% of India s Electronics Manufacturing and it is poised to grow to 50% by 2021 Andhra Pradesh is Manufacturing and Assembling Globally branded Mobile Phones at the rate of 2 Mobile Phones per Second 68

49 Key Investments in Electronics and Hardware manufacturing Home to global mobile manufacturers like Foxconn manufacturing 2 mobile phone per second Foxocon in Sri city Sri Venkateswara in Tirupati 70

50 Foxconn A Case Study of Mobile Manufacturing Xiaomi had rolled out its first Made in India smart phone Redmi Prime from Sri City facility on August 11, 2015 Plans to increase India-based production from 75% to 95%; Launched Redmi 4A, to be manufactured from Indian facilities Started smart phone assembly plant in a 40,000 sq-foot facility in May 2015 at Sri City Partnered with Xiaomi to setup its second manufacturing unit at Sri city in March 2017 Enable Xiaomi to meet about 95% of its demand in India Two units combined to provide employment to about +5,000 people from over 100 surrounding villages Plans to build 3 new units occupying 500,000 sq-foot Increase the production capacity to million a month 71

51 Sri City Electronics Cluster in Andhra Pradesh 74

52 Pharma and Biotechnology 83

53 Specific focus on APIs and bio pharmaceuticals. Opportunity to access the domestic market of USD 36 Bn growing at 15% per annum Home to around 200 total units, 38 WHO approved units, 20 USFDA approved Pharmaceuticals units Base for Global generic companies with Large base of small and medium enterprises Four Mega Clusters for API/ Formulations /Fermentation / Bio Pharma/ Veterinary Several are keen on investing in bulk drugs and formulations in multinationals north Andhra region Pharmaceutical Investments worth more than 1 Billion in the region Ideal destination for Global Pharmaceutical companies, API and Intermediates companies Formulations 84

54 Success Story Jawaharlal Nehru Pharma City, Visakhapatnam JNPC saves upto 40 % of the project cost Saves two years time and money 30% saving in Capital Investment 5% saving on Water Supply & Storage Investment 5% saving in Common Services/ facilities 85

55 Pharma Clusters New Pharma City (1600 Acres) Bigger and better Achutapuram, Visakhapatnam <50 kms from the existing JN Pharma city connected by a four lane national highway providing immediate access to 70+ Pharma units Achutapuram Existing 40 km effluent treatment and conveyance systems and 34 kms of water pipelines The existing Simhadri super power plant and upcoming power plants by NTPC and Hinduja group together to have cumulative output of more than 7000 MW Water is fed to the industries from multiple sources from Yeleswaram, Mudasarlova and Yeleru reservoirs 86

56 Nellore Industrial Parks Major companies including BASF India, Aurobindo Pharma, Prime meiden and others Naidupeta & Attivaram clusters APIIC Multiproduct SEZ in 2,549 Acres and the Naidupeta Industrial Park in 1,244 acres Attivaram Industrial Park is spread across 406 Acres Key advantages: Zero discharge common effluent treatment plant 50+ Pharma and chemicals companies in the immediate vicinity Around 50 kms from Krishnapatnam port 2hrs drive from Chennai Close to Sri city A designated Japanese industrial township with nearly 20 Japanese companies Confluence of two industrial corridors i.e. Visakhapatnam Chennai and Chennai Bangalore 87

57 Andhra Pradesh New destination for biotechnology industry SCIENCE INFRASTRUCTURE Advanced testing facilities, Technology development centres, Incubators, Institutional linkage ENVIRONMENT INFRASTRUCTURE Solid & liquid effluent treatment, pipelines for HTDS & LTDS, Green belt Physical Infrastructure Roads, Power, Water, etc PHYSICAL INFRASTRUCTURE Roads, Power, Water, Summer Storage Tanks, Fire services, Hospitals, Library, Guest Rooms, etc COMMON SERVICES RM warehouses, Cold storages, Solvent farm, Chemical stores, Steam, treated water, house keeping, infrastructure providers 94

58 Aerospace and Defence 95

59 Aerospace & Defence Ecosystem West Godavari VEM Technologies setting up an aero city in West Godavari Gudipalli Orvakal Machilipatnam Bhogapuram Visakhapatnam Rambilli Visakhapatnam Eastern Naval Command HQ World class MRO facility, air cargo complex & aviation academy at Bhogapuram Mega Aerotropolis Hindustan Shipyard in Visakhapatnam Reliance Ship building facility at Rambilli Upcoming shipbuilding facility & ancillaries by leading domestic & international companies Krishna BEL s Advanced Night Vision products unit at Machilipatnam Dassault systems to setup a training centre to train 1 lakh students in AP with INR 309 crores Kurnool Palasamudram Tirupati Sriharikota Upcoming DRDO Missile Testing Project near Orvakal Anantapur Upcoming BEL Missile Systems Integration Complex & Radar Test Bed Facility at Palasamudram Vittal Innovation City to set up a dedicated A&D Park near Palasamudram Nellore, Chittoor ISRO Main Satellite Launch Station at Sriharikota National Atmospheric Research Laboratory near Tirupati A&D Park proposed (on PPP basis) in Chittoor and Nellore Centre of Excellence for small satellite manufacturing by CANEUS international 96

60 Marquee Organizations Present in Andhra Pradesh 99

61 Tourism 100

62 Tourism in Andhra Pradesh Located on the southeastern coast of India. The state has a variety of natural and man made tourist attractions. Comprising of world class beaches, hill stations, forest reserves, mangroves, river-fronts, spiritual tourism etc. backed by a strong economic activity base. 162,968 sq Km of land mass 974 km of coastline Temperature ranges from 13 C to 42 C Araku Valley Lambasinghi Visakhapatnam Port Amaravati Capital City Venkateswara Temple Undavalli Caves Vijayawada Puttaparthi Backwaters in Kakinada Ramakrishna beach 101

63 Hub-spoke Model of Tourism Development The AP Tourism Authority strategically plans and organizes major events all year round to boost tourism in the state. Araku Hot Air Ballon Festival Vizag Yachting Festival Amravati Theatre Festival Kakinada Beach Festival with A.R.Rahman 106

64 Amaravati Capital City Project 107

65 Amaravati People s Capital of Andhra Pradesh 108

66 Amaravati Well Planned Greenfield City 109

67 Upcoming Government complex at Amaravati 110

68 Meditating Buddha in Amaravati The People s Capital 111

69 Amaravati Smart City Smarter than Smart 112

70 An Ideal destination for Investments World-class infrastructure for all industrial needs No. 1 in Ease of Doing Business ADVANTAGE ANDHRA PRADESH Strategic geographical advantage Gateway to the East Sector oriented cluster development Investment momentum Competent and industry ready workforce 113

71 Economic Development Board Strategic investment planning and promotion Facilitate economic growth, reforms Development of economic policies Single point of contact for investments 114

72 Andhra Pradesh welcomes you 115

73 We invite you to make ANDHRA PRADESH as your business destination J. KRISHNA KISHORE C.A. I.R.S., Chief Executive Officer, Ex-officio secretary to Govt. of AP Andhra Pradesh Economic Development Board AP CM Camp office, Lake View House, Raj Bhavan Road Somajiguda, Hyderabad, India. Head office: AP CM Camp Office, Vijayawada, Andhra Pradesh, India. Website: Contact no /91,