Andhra Pradesh Chief Minister N. Chandrababu Naidu and PepsiCo Chairperson and CEO Indra Nooyi will visit PepsiCo plant in Sri City on April 3 to inaugurate many units. .
Following their meeting in Davos, Indra Nooyi and the Chief Minister will decide on areas of collaboration between the FMCG giant and the government on Friday.
Later in the day, the Chief Minister will also inaugurate several manufacturing facilities at Sri City SEZ.
These facilities will provide a big boost to the industrial sector in the state. They are also expected to bring in investments and create employment opportunities.
The Chief Minister will take part in the ground-breaking ceremony for 11 industrial units - Rexam, Vermeiren, Cipy Pagel, KGI Clothing, Ayurvet, Brindco, Power Gas, Koncept Poly Pro, Be' Rollex, Beva Silicones and Godawari Udyog.
Following the ground breaking ceremony, the Chief Minister will inaugurate 9 industrial units in Sri City.
The following units have set up their facilities in Sri City:
Netherlands-based Hunter Douglas is setting up an industrial facility with a proposed investment on Rs 250 crore and will provide an employment potential for 300. USA-based Pharma West Pharma is setting up its facility with a proposed investment of Rs 150 crore and will provide an employment potential for 150. China-based Electronics industry ZTT India Pvt Ltd is setting up its industry with a proposed investment of Rs 100 crore and will provide an employment potential for 250. Japan-based Nippon Seiki is setting up an Engineering facility with a proposed investment of Rs 100 crore and will provide an employment potential for 100. India-based Mohan Mutha Polytech is setting up a Plastic Molding industry with a proposed investment of Rs 100 crores and will provide an employment potential for 100. Japan’s Kusakabe, an auto components-based industry is among other units. |
The Chief Minister will engage in an interactive session with business leaders.
In the afternoon, he will also meet N Vaghul, Former Chairman, ICICI Bank, SS Badrinath, Chariman, Sri City Sankara Nethralaya, KM Cherian, Chairman, Sri City Frontier Lifeline Hospital and Nachiket Mor, Director, Central Board, RBI.
Later, he will participate in the 100 years celebrations of Italy-based steel major Danieli. He will also flag off Kobelco Cranes, first Export Grade Crane to South Asia.