A decade ago Andhra Pradesh is a one of the best destination in the country, but now becomes one of the biggest problematic State for investments, few industrialists said in a “Hyderabad Investment Forum 2012” organized today (October 11, 2012) at ISB Campus, Gatchibhowli, Hyderabad. The Federation of Andhra Pradesh Chambers of Commerce & Industry in association with Indian School for Business and VC Circle, New Delhi jointly organized this interactive meeting on “Hyderabad Investment Forum 2012”, where hundreds of Industrialists, entrepreneurs, business experts and business consultants have participated.
Industries, entrepreneurs, business experts are suffering with heavy power problem in the State of Andhra Pradesh. Through this power problem many of industries is closing their unit’s sometimes whole industries. The industries are also suffering from the Telangana issue and uncertainty in the Government many entrepreneurs have felt.
Mr. Devendra Surana, President, FAPCCI felt that the Andhra Pradesh with its liberal labour laws, proactive policies, large pool of technical manpower, rich mineral resources and specialized industrial parks with SEZ status is the preferred destination for investors. Andhra Pradesh is strategically located and is considered as gateway to East & South East Asia. Investment opportunities are abundant specifically in the manufacturing sector which includes food processing, floriculture, agro processing, petrochemicals, metals, textiles, leather, mining, transport equipment, telecom and so on. The industrialist’s also looking Government support in terms of long term action plans to support industrial sector.
Mr. Suresh Chukkapally said that the urbanization playing a key role in India’s business development and 30% of Indian population living in the cities. Water management, power and land acquisition are the key factors to fulfill people’s needs in the urbanization he said.
Re use and recycle management will give additional support in water management and clean technology Mr. Sudhesh Menon told at the discussion.
Mr. Abhay Deshpande - Founder & CEO, Martjack, Ms. Anjuli Sivaramakrishnan - Partner, Kochhar & Co, Mr. Aluri Srinivasa Rao - MD, Morgan Stanley Private Equity, Mr. Deepak Shahdadpuri - Founder & MD, Beacon India Private Equity, Mr. Devendra Surana - MD, Bhagyanagar India Limited (President, FAPCCI), Dr. Ravindranath Kancharla - Chairman & MD, Global Hospitals Pvt. Ltd, Mr. J A Chowdary - Angel Investor (Chairman, Talent Sprint Pvt. Limited), Mr. Karthee Mandasamy - MD, Qualcom Ventures, Mr. Konda Vishweshwar Reddy - MD, Citadel Research and Solutions, Mr. Mudit Kapoor - Assistant Professor, Economics & Public Policy, Indian School of Business, Mr. Parag Dhol - MD, Inventus Capital Partners, Mr. Raj Seelam - MD, Sresta Natural Bioproducts Pvt. Ltd, Mr. Ranjith Boyanapalli - Founder and CEO, Buytheprice.com, Mr. Richard B. Saldanha - Executive Director - Private Equity, Blackstone, Mr. Sateesh Andra - Managing Partner, Ventureast, Mr. Sandeep Reddy - MD, Peepul Capital Advisors, Mr. Santanu Paul - MD & CEO, TalentSprint, Mr. Sanjeev Sehrawat - Sr Director - PE, ICICI Venture, Mr. Sofi Bergkvist - Senior Researcher, Center for Emerging Markets Solutions, ISB, Mr. Sudesh Menon - CEO, Waterlife India Pvt. Ltd, Mr. Sunil Kumar - Director, Ascent Capital, Mr. Suresh Chukkapalli - Founder & Chairman, Phoenix Group, Mr. Vamshi Reddy - Co-founder & CEO, Apalya Technologies, Mr. Venu Donepudi - Founder & Managing Director, CarZ, Mr. Vijay Mahajan - MD, Bhartiya Samruddhi Finance Ltd, Mr. Vikram Vuppala - Founder & CEO, Nephroplus and Mr. Vishwanath Alluri - Founder, Chairman & CEO, IMI Mobile Pvt. Ltd was the key speakers at the occasion.