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AP Branded Bus in Davos to Attract Investments

A bus branded with ‘Make Andhra Pradesh Your Business’ posters run on the streets of the Davos city in Switzerland ahead of the 46th World Economic Forum annual summit Ahead of the 46th World Economic Forum (WEF) Annual Summit, Andhra Pradesh government has come out with an innovative campaign on the streets of Davos to attract investments to the reorganised State. Building on the tremendous success achieved at the recently held CII Partnership Summit in Visakhapatnam, the State government has now begun undertaking a unique initiative to project the might of the reorganised AP as an investment destination bringing it to the doorstep of the Western world. Executed with startling visuals - the state government has branded a special bus with ‘Make AP your Business’ posters. According to a press release by the AP CMO, it is the first time AP has branded a bus in Davos to make the State, “investors’ port of call”. The special vehicle is making rounds in the c

Startup-friendly tax measures in Budget:Jaitley at #StartupIndia launch

Finance Minister Arun Jaitley on Saturday kick-started the government’s ambitious Start-Up India mission, which envisages technology business incubators and research parks, at Vigyan Bhavan in New Delhi. Speaking at the opening session of ‘Start-up India’ movement, Finance Minister Arun Jaitley on Saturday said the campaign will help change conventions while the government will only be a facilitator for start-ups. He also announced that the upcoming budget will include start-up friendly tax measures. “ PM’s own idea was that start ups need to be encouraged. Both the banking system and government will make the resources available. We are fully conscious of the adverse situation in which we are struggling to keep respectable growth rates in Indian economy,” Jaitley said at the launch event. “We ostensibly broke away from “license raj” in 1991, conceived with idea that government will decide which businesses can run. Our effort over last few years was to restrict role of states

Passion better than money, India can be bigger than China: Softbank

Japanese telecom and media group SoftBank will “seriously” accelerate its investments in India, Chief Executive Masayoshi Son said at the start-up conference in New Delhi on Saturday. Softbank had previously said it would invest $10 billion in India over 10 years. “The time has come that the Indian economy will be big enough going forward. Mobile internet will make the domestic internet market big enough,” Son said. “I think we would seriously accelerate our investments in India going forward.” When asked about what he sees when funding any start-up he said he looks at the leadership and the commitment and determination to the company. “I look at the eyes and ideas of an entrepreneur-which field and passion, before investing,” he said. He further added that India can be bigger in momentum than China in the next 10 years. “This is the beginning of big bang start up boom in India,” Son said, adding that passion more important than making money. Son also believes that

Andhra Pradesh ropes in Dentsu for branding capital city

Accelerating the process of building world-class new capital city at Amaravati, the Andhra Pradesh government has roped in Japanese advertising firm Dentsu as the brand building consultant, which ranked number five among the biggest agencies in the world by various rating agencies, Apart from brand building, it will also take care of the communication aspect, Capital Region Development Authority (CRDA) commissioner N Srikanth, said claiming that Dentsu will be a part of the capital project for a period of two years and that it already has an Indian presence in the form of Dentsu, India. Appointing specific consultant for brand building for cities is relatively new in India and moreover, Amaravati is the Greenfield capital and jobs & investments are important, for which, the brand building partner will play a pivotal role. With the smart cities scheme on roll, slowly and indirectly branding exercise for cities is catching up. Apart from Surbana and Jurong from Singapore preparin

Andhra Pradesh targets Rs. 5,000cr for retail infra sector

While rolling out a red carpet for the retail sector, the state government in Andhra Pradesh has offered multiple relaxation and investors' friendly norms in its new retail & trade policy, and targeted a staggering investment worth Rs. 5,000cr. In its scheme of things, retail enterprises have been granted greater flexibility in terms of open hours, engaging part-time employees, and removal of stock limits for essential commodities. Attracted by the new norms, four leading retail chains — Walmart, Future Group, Spencer's, and Arvind — have signed MoUs to invest Rs. 1,500cr in AP where they will create the necessary infrastructure and construct retail space across the state. Touted to be the first-of-its-kind policy in the country attempted by any state, the policy also offers various incentives and the ease of doing business applicable to other sectors. The new norms allow flexibility that retail enterprises can stay open seven days a week from 6 am to 11 pm. In view of

Target 2019: Make 500mn mobile phones in India

According to a report by the Economic Times, alongside the target of the stipulated number of devices, the Make in India-driven industry will aim to create 1.5 million jobs and a component industry valued at Rs. 50,000 crores. Come 2016, and India seems all set to pick up Make in India ventures even more seriously. In light of this, a projection report by the Economic Times has projected India to “manufacture” 500 million mobile phones by 2019. This will also translate to about 1.5 million jobs, and a component industry that will stand at a valuation of Rs. 50,000 crores. 2015 already saw a number of Chinese manufacturers showing interest in Narendra Modi Government’s Make in India and Digital India ventures, setting up assembly plants to churn out devices in the country, rather than importing finished goods from China. Of notable companies that have already joined the Make in India bandwagon,  Xiaomi has begun assembly  of its smartphone, the Redmi 2 Prime, out of manufact

How 'big data' acts as a growth catalyst for startups?

Startups, in order to stay competitive in the dynamic business world, they need to have an unconventional wisdom of marketing. With the availability of limited budget for marketing, startups have to deal with the highest conversion rate of consumers. The key differentiator between two startups is ‘pace’. Things need to be done in a very fast pace for startups to be competitive against large companies. And in order to react to market conditions and changing consumer trends, startups today rely heavily on big data analytics. Big data can provide numbers backed by insights on consumer behaviour and can play a critical role in helping startups in areas like marketing, advertising, operations, inventory management, and customer service etc. For example, for a startup organisation, product marketing act as a growth catalyst in establishing brand value in the market, which is very costly and usually eats up a huge part of the budget. Big data can help startups in identifying and r

The 3 Stages of Powerful But Simple Leadership

We all know simplicity when we see it, and we recognize its value -- especially in the world of design. But that doesn’t make simplicity an easy thing to pull off. Related:  The Secret to Successful Product Design? Simplicity. Just as it's tough to achieve elegant simplicity in design, the written word or other creative pursuits, it's tough to achieve simplicity in leadership -- a talent which eludes many of us. Time was when the “old model” of leadership prevailed and tended to rely on big presentations, esoteric ideas and high-level stats. Leaders shared concepts through convoluted thought processes and jargon-filled takeaways.  Wow , we all thought.  That person is obviously on another level. I don’t even get what [he or she is] saying. Thankfully, that model is on its way out. Instead, today, a designer -- visual, UX, or otherwise -- may strive for simplicity, producing an "aha!" moment for the user. And that simplicity may be so seamless that the user

Naidu paints a rosy picture of ‘Sunrise AP’

Union Minister for Urban Development M. Venkaiah Naidu shares a lighter moment with Chief Minister N. Chandrababu Naidu at a session on investment opportunities in Sunrise Andhra Pradesh at CII Partnership Summit in Visakhapatnam on Monday. Union Minister of State for Finance Jayant Sinha (extreme right), GMR Group Chairman G.M. Rao and Asian Development Country Director Teresa Kho are seen. Chief Minister N. Chandrababu Naidu on Monday exuded confidence that ‘Sunrise Andhra Pradesh’ as their USP, the new State would overtake Gujarat in ease of doing business by attracting investments from across the world in manufacturing, food processing, housing, infrastructure and housing in a big way. He was delivering the keynote address at the plenary session on 'Sunrise Andhra Pradesh: Turning aspirations into reality--Vision 2029.' The session was attended among others by Union Minister for Urban Development M. Venkaiah Naidu, Union Minister of State for Finance J

AP bets big on beach tourism

The major investment proposals include Rs.2,500 crore by Ivory Sands, which specialises in service apartments and hotels, and Rs. 240 crore by Intel Globe, an air transport firm. Spelling out plans to transform Sunrise Andhra Pradesh into a popular tourism destination, Chief Minister N. Chandrababu Naidu on Tuesday said that the government would promote beach tourism along the 974-km coastline from Itchapuram to Tada in a big way. Speaking during a session on tourism development on the concluding day of the three-day CII Partnership Summit, he said investors should grab the opportunity to develop projects to promote beach tourism in Visakhapatnam, canal tourism in Vijayawada-Amaravati, and temple tourism in Tirupati-Tirumala regions. During the three-day summit, a total of 27 MoUs were signed under the tourism sector with investment proposals of Rs. 5,200 crore. Major proposals The major investment proposals include Rs.2,500 crore by Ivory Sands, which specialises in

86 వేల కోట్ల పెట్టుబడికి ‘ఎస్సెల్’ సై

భారీ ప్రాజెక్టులతో సిద్ధమైన కంపెనీ చిత్తూరులో సోలార్‌ పరికరాల తయారీ ప్లాంట్‌ భాగస్వామ్య సదస్సులో ఎంవోయూలు   విశాఖపట్నం, జనవరి 12(ఆంధ్రజ్యోతి):  ఏపీలో భారీ పెట్టుబడులు పెట్టేందుకు ప్రముఖ పారిశ్రామికవేత్త సుభాష్‌ చంద్ర యాజమాన్యంలోని ఎస్సెల్‌ ఇన్‌ఫ్రా సిద్ధమైంది. చైనా కంపెనీ గోల్డెన్‌ కాంకర్డ్‌ హోల్డింగ్స్‌(జీసీఎల్‌) భాగస్వామ్యంలో కన్సార్షియం కింద ప్రాజెక్టులు చేపట్టనుంది. సుమారు రూ.86 వేల కోట్ల పెట్టుబడి ప్రతిపాదనలతో రెండు ఎంఓయులపై సుభా్‌షచంద్రతో పాటు జీసీఎల్‌ గ్రూప్‌ వైస్‌ ఛైర్మన్‌ షు హువా సంతకాలు చేశారు. తమ కన్సార్షియం ఏపీలో సోలార్‌ పరికరాల తయారీ ప్లాంట్‌ను ఏర్పాటు చేస్తుందని సుభాష్‌ చంద్ర చెప్పారు. 13 వేల కోట్ల రూపాయల పెట్టుబడితో రెండు వేల ఎకరాల్లో నిర్మించనున్న ఈ ప్లాంట్‌లో సిలికా నుంచి సోలార్‌ ప్యానెల్స్‌ తయారుచేస్తారు. ఈ ప్లాంట్‌ చిత్తూరులోని తిరుపతి, శ్రీసిటీల మధ్య నిర్మించనున్నట్టు సుభా్‌షచంద్ర సూచనప్రాయంగా తెలిపారు. ఫలితంగా 15 వేల ఉద్యోగాలు అందుబాటులోకి వస్తాయన్నారు. స్మార్ట్‌ ఇండస్ర్టియల్‌ టౌన్‌షిప్‌  జీసీఎల్‌ భాగస్వామ్యంలోనే స్మార్ట్‌ ఇండస్ర్టియల్‌ టౌన్‌షిప్‌ ఏ

భాగస్వామ్య సదస్సుకు అపూర్వ స్పందన

రాష్ర్టానికి పెట్టుబడుల వెల్లువ మూడు రోజుల్లో 331 ఒప్పందాలు 4.8 లక్షల కోట్ల పెట్టుబడులు కేంద్ర సాయంతో కలిపితే 6 లక్షల కోట్లు రాష్ట్రంలో పది లక్షల మందికి ఉద్యోగావకాశాలు సన్‌రైజ్‌ ఏపీకి ఉజ్వల భవిష్యత్తు ఇలాంటి వాతావరణాన్ని ఎన్నడూ చూడలేదు సీఐఐతో ఏపీ బంధాన్ని ఎవరూ విడదీయలేరు సదస్సులకు విశాఖే శాశ్వత వేదిక: సీఎం విశాఖపట్నం, జనవరి 12:  మూడు రోజుల సదస్సు... 41 దేశాలకు చెందిన పారిశ్రామికవేత్తలు, ప్రతినిధుల భాగస్వామ్యం... 331 సంస్థలతో రాష్ట్ర ప్రభుత్వం ఒప్పందాలు... ఆంధ్రప్రదేశ్‌కు తరలి రానున్న 4.78 లక్షల కోట్ల రూపాయల పెట్టుబడులు! సీఐఐతో కలిసి రాష్ట్ర ప్రభుత్వం విశాఖపట్నంలో నిర్వహించిన భాగస్వామ్య సదస్సు ఫలితమిది! రాష్ట్ర విభజనతో ఆర్థిక కష్టాల్లో ఉన్న ఆంధ్రప్రదేశ్‌కు పెట్టుబడులను తీసుకొచ్చేందుకు ముఖ్యమంత్రి చంద్రబాబు ప్రత్యేక చొరవ తీసుకుని నిర్వహించిన ఈ సదస్సు గ్రాండ్‌ సక్సెస్‌ అయింది. దీని వల్ల రెండు లక్షల కోట్ల పెట్టుబడులు రాష్ర్టానికి వస్తాయని తొలుత అంచనా వేసిన వారు సైతం... సదస్సు జరిగిన తీరు, తరలి రానున్న పెట్టుబడులను చూసి ఆశ్చర్యపోతున్నారు. ముఖ్యమంత్రి చంద్రబాబు సైతం రెట్టిం