CII says AP best for investment
K. V. Kamath, CEO and Managing Director of ICICI Bank Ltd and presently President of the Confederation of Indian Industry (CII), has said that Andhra Pradesh is the best investment destination in the country.
Kamath said that the CII wanted to work with the State Government, as the State had already made a head start in developing people for accelerated inclusive growth, which was the State theme of the CII.
The key initiatives envisaged by the CII for the State included Vision 2025 laying emphasis on employment generation, inclusive and sustainable growth and good governance. The CII proposed a common minimum economic agenda for political parties on AP Vision 2025.
It would train 5,000 youth under grass-roots level skill development initiative, upgrade 24 ITeS into centers of excellence, promote 100 entrepreneurs under public-private partnership, study and protect geographic indication in traditional sectors.