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Friday, January 20, 2012

Investments in AP..far way to go

In recent past we have seen news saying that huge investments are coming to AP..Actually it has long way to go in relative comparirsion with other important states.

State Govt did a publicity that 6.47 lk crores of  investments came from CII partnership summit held recently. To go into details, 2.8lk among them are - 1) From very old and pending for long time projects 2)From new projects of government and 3) Some are just proposals of less probability to materialise...

Excluding all those,investments that we could draw in are nearly 3.5lk crores...which has a long way to go when compared with 20.5 lk crores of Gujarath, 8 lk crores of Karnataka etc.

But we must agree and be happy that unlike last 2 years , atleast investors started coming there by creating some employment oppurtunities.

We can appreciate Govt to an extent for measures taken in assuring investors that all these internal disturbances and agitations will not cause damage to them.

Thanks

Gopi Gandi.