Hyderabad, August 19 (INN): Deputy High Commissioner and Director General of UK Trade and Investment Kumar Iyer accompanied by Andrew McAllister, British Deputy High Commissioner in Hyderabad met K Pradeep Chandra, Principal Secretary of Industries and Commerce Department in the Secretariat here on Monday.
Pradeep Chandra informed that the British Government has identified Andhra Pradesh as one of the preferred states in India for British Company investments. The State Government officials explained the advantages of AP as an investment destination as well as the investment friendly administration of the Government, with a natural resource base and industrial parks spread all over the State. Areas of life sciences, aviation, defence and high-tech manufacturing, green technologies, gas and energy, IT hardware and food processing were identified as potential sectors for mutual cooperation.
An action plan for exchange of delegations in the select sectors would soon be worked out in consultation with the UK Trade and Investment Office in Hyderabad so that British Companies could find appropriate partners and locations in Andhra Pradesh for investments, Pradeep Chandra said.
APIIC MD Jayesh Ranjan and Commissioner of Industries Rajat Kumar were also present in the meeting