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Naidu Promises Japan-Plus Cell For Investors

This would be not only a single-window clearance policy, but a single-desk clearance policy, the Andhra Pradesh CM said on the 2nd day of his Japan tour.
Hyderabad | 25th November 2014
Andhra Pradesh Chief Minister Chandrababu Naidu has promised to start a "Japan-Plus Cell" for online clearance of investment proposals of Japanese firms.

This will not only be a single-window clearance, but also a single-desk clearance policy, he said.

On the second day of his visit to Japan, the Chief Minister addressed meetings at Panasonic Corporation, the Osaka Chamber of Commerce and Industry, and the Indian IT Forum.

In his address at Panasonic Corporation, the Chief Minister said, "Prime Minister Narendra Modi wants to transform India, and we are partners in his efforts. India is a different country today. The last 10 years were plagued by a policy paralysis. Now we are an investor-friendly country."

The Chief Minister briefed them about the exceptional entrepreneurial skills of the people of AP, the abundance of natural resources and water in the State, and the advantage of 24x7 power supply.

After Naidu's video presentation, Takeshi Uenoyama, Fellow at Panasonic Corporation, said that Panasonic could help in groundwater purification. "We are looking forward to an invitation from you. We will also explore collaboration in skill development," Uenoyama added.

Stating that Panasonic was a household name in India, the Chief Minister invited Panasonic to explore opportunities in Visakhapatnam.

At the Osaka Chamber of Commerce and Industry, Masahi Hashimoto, chairman of the International Business Committee of the Osaka Chamber of Commerce and Industry, welcome the AP delegation.

Hashimoto said Japanese companies were interested in India. "After the new government and the introduction of a new industrial promotion policy, we are keen on India," he said.

He added that Andhra Pradesh was known to Japan as an "IT state and a centre for higher education".

"We are hopeful that AP will play a very important role in the growth of India," he said. "I'm glad to welcome the leader and the delegation from such a State."

Following this, the Chief Minister said that India was a sleeping giant and that it had every kind of resource.

"I'm impressed with Japan's progress. Despite receiving huge blows due to natural calamities, nuclear explosions etc., you have progressed to become an economic powerhouse," Naidu said.

Elaborating on the advantages of AP for Japanese firms, the Chief Minister said that the State was poised to become the gateway for Southeast Asia and Asia because of its 1,000 km-long coastline.

"We can send manufactured goods to countries like Malaysia, Singapore, China etc. We also aim to become a logistics hub by developing 14 ports. Given that we have a strong agriculture base and plenty of water, I also invite you to explore opportunities in the agri-processing industry," the Chief Minister said.

The Chief Minister added that the State wanted to have a strong infrastructure base. "We have a good road network, and are planning bullet trains," he stated, adding, "Our state has excelled in the IT sector. In the US, too, one in every four Indians is from AP in the IT sector."

He asked Japanese investors to invest in India with an open mind and put their apprehensions to rest. On being asked about AP's industrial policy, the Chief Minister said that companies would get good incentives.

At the Indian IT Forum, the welcome address was given by Sriram V, country manager, Infosys, on behalf of the India IT Forum.

Following an address by the Mayor of Kyoto Daisaku Kadokawa, the Chief Minister said that Japan was scouting for marketing and India was scouting for investments.

"This is a great opportunity for me to attract investments to AP. We want to replicate the Tokyo and Kyoto models of development in India and AP," he said.

The Chief Minister said that the State had a strong relationship with the Centre, and that the economy of the country was showing signs of growth after the new government at the helm. He assured investors that AP had a massive land bank and could provide uninterrupted, quality power to industries.

"Even the taxation procedures are being simplified by the Centre. This will prove beneficial to industries. The Centre has already set up a Japan-Plus desk, and I too will have one at my office for faster clearances and approvals," the CM added. (INN)
filed in:  Chandrababu Naidu, Japan, Investments
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