Bric a Brac

Building an IT capital

naidu woos investors

Chandrababu NaiduIF the Asaf Jah dynasty (Nizam) built Hyderabad, it was the British who founded Secunderabad. Credit must be given to Chandrababu Naidu, who ruled un-divided Andhra Pradesh for a decade, for adding a new city called Cyberabad, a high-tech hub that is the pride of Hyderabad. Despite the partition of the State and Andhra Pradesh facing a huge financial crunch, Chandrababu is moving earth and heaven to build a new capital – Amaravathi – as the new destination for IT and compete with Hyderabad, Bangalore and NOIDA. As part of this strategy, after he became Chief Minister of new state in May 2014, he went on a long visit in April 2015 to the US and confabulated with several IT majors inviting them invest in Amaravathi. Now, in a fresh bid, Naidu is again on a nearly two-week long coast-to-coast visit of the US, via the mid west to invite investment in Amaravathi. While criss-crossing the US, Naidu is expected to meet about 300 CEOs. His visit is scheduled to end in Silicon Vally where he will be meeting Tim Cook (Apple), Sunder Pichai ( Google), Bill Gates and Satya Nadella (Microsoft). Meetings are also fixed with the heads of Facebook, Oracle, Twitter, Tesla and others. Before departing for the US, he met Nitin Gadkari, Arun Jaitley, Venkaiah Naidu and other ministers to give a final shape to deliverables promised to potential foreign investors. gfiles end logo


VOL. 11 | ISSUE 2| MAY 2017

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