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Andhra, Centre to sign pact on industrial corridor

The government will be arranging a roundtable on various sectors, including aerospace, defence products, textiles, electronic gadgets, biotech and pharma.

Published: 20th January 2017 04:41 AM  |   Last Updated: 20th January 2017 08:01 AM   |  A+A-

Commerce and Industries ministers of 12 nations will take part in the second edition of CII Partnership Summit, scheduled to be held in Vizag on January 27, says Department of Industries director Karthikeya Mishra. | Express

Commerce and Industries ministers of 12 nations will take part in the second edition of CII Partnership Summit, scheduled to be held in Vizag on January 27, says Department of Industries director Karthikeya Mishra. | Express

By Express News Service

VISAKHAPATNAM: Department of Industries director Karthikeya Mishra said that Chief Minister N Chandrababu Naidu would sign an agreement with the Union government on Visakha-Chennai Industrial Corridor in the two-day International Partnership Summit to be held in the city from January 27.

The Chief Minister and Union Minister of state for Commerce and Industries Nirmala Sitharaman would sign the papers, he added. The state government entered into an agreement with the Centre to set up an industrial corridor. The Centre has set up National Industrial Corridor Development and Implementation Trust to make such agreements, said the director of Industries. Andhra Pradesh was the first state to sign with the trust, he added.

To review the arrangements, Karthikeya Mishra arrived here on Thursday night. Revealing the highlights of the partnership summit, he said that Commerce and Industries ministers of 12 nations, including Sri Lanka, the UAE, Ukraine, Zimbabwe, Cambodia, Bangladesh and Nepal will take part in the summit. The Chief Minister would have one-to- one interactions with 50 personnel representing Commerce and Industries sectors, besides six teams from each country, he added.

The government will be arranging a roundtable on various sectors, including aerospace, defence products, textiles, electronic gadgets, biotech and pharma. Several chief executive officers of leading companies at national and international level would participate in the roundtable meetings.

An exclusive seminar on Leveraging for Efficiency, Adaptability, Productivity would be organised on the second day of the summit. Union Industries secretary Ramesh Abhishek,  Niti Aayog CEO Amithab Kanth and representatives of international school of business would take part in the seminar, Mishra said. As a part of the summit, TIME magazine would present awards to the top Indian manufacturing units.



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