Andhra Pradesh Chief Minister N. Chandrababu Naidu met with officials of retail major Wal-Mart, PepsiCo, Wipro and Hero Moto-Corp calling upon them to invest in Andhra Pradesh offering them all necessary support.
During the interaction with David Cheesewright, President & CEO, Wal-Mart International at Davos on the sidelines of World Economic Forum, areas of collaboration with the retail giant were discussed.
Wal-Mart and the Andhra Pradesh Government agreed to collaborate in the areas of technology, CSR and retail business. Wal-Mart is planning to open retail stores in Andhra Pradesh while creating opportunities to purchase ‘Made in Andhra’ products, according to a statement from Chief Minister’s Office.
About 20 agricultural and horticultural products have been identified, especially organically grown for exports. Cashew, peanuts, rice, coconut, maize, pulses, fruits, marine products are among products identified. Cheesewright confirmed that he would visit Andhra Pradesh in April 2015.
PepsiCo
PepsiCo Chairman Indra Nooyi evinced interest in setting up mango-pulp units in the State and take up packaging and branding of Coconut water in Konaseema.
She mentioned that the company was interested in procuring agriculture produce from the State. Apart from branding coconut water, Nooyi expressed interest to buy jowar, papaya, banana and other agri and horticulture produce.
Nooyi agreed to buy mango pulp from the State and evinced interest to set up mango-pulp units in Chittoor, Krishna and Godavari districts.
WIPRO TO SET UP SOAP UNIT
Wipro Chairman Azim Premji and company’s chief strategy officer Rishad Premji said they would develop Vizag as digital city on a pilot basis.
During his meeting, Azim Premji said apart from working on e-governance initiatives, will set up a soap factory in Hindupur, Anantapur.
Naidu requested Sunil Kant Munjal of Hero Group to complete their proposed two-wheeler project in Sri City as per schedule.