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Why did Ambani & GMR praise Chandrababu?

By:  Tupaki Desk   |   11 Jan 2016 8:24 AM GMT
Why did Ambani & GMR praise Chandrababu?
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Reliance Group signed an Memorandum of Understanding (MoU) with AP Government to set up a World-class Naval shipbuilding facility by investing Rs 5,000 crore. The Naval facility will come up in Rambilli along the East Coast, which is 70 km away from Visakhapatnam.

Anil Ambani opined such results can only be achieved when State Governments known for good administration were willing to bring a change by doing their bit to draw investments. He claimed Reliance Group's Naval facility would create employment for thousands of skilled people and attract investments upto Rs 10,000 crore.

Grandhi Mallikarjuna Rao of GMR Group said AP became ideal investment destination not just because of the resources available but the commitment & hard work of Chandrababu Naidu.

Baba Kalyani of Bharat Forge claimed to having faith in the leadership of Chandrababu Naidu and the potential of AP. His Company signed two MoUs with State Government at the Partnership Summit.