CM Jagan to demonistrate AP as industrial hub at WEF

By Our Special Correspondent

We will showcase the strength of Andhra Pradesh and how the State can be a good destination for investment in the upcoming meet of the World Economic Forum (WEF) at Davos, Minister for Industries and IT Gudivada Amarnath has said. Addressing the media here on Wednesday, Mr. Amarnath said he was part of the delegation being led by Chief Minister Y.S. Jagan Mohan Reddy for the meeting scheduled to be held from May 22 to 26.

More than 2,800 dignitaries are expected to attend the Davos summit. Andhra Pradesh would showcase its potential, abundance of resources, and its policies to promote AP as an industrial hub at the summit pavilion. The chief minister will also explain the kind of support the government would extend to the investors.

Mr. Jagan Mohan Reddy would address global leaders at the WEF Congress Center on the theme 2030 Industrial Development Agenda and deliberate on latest approaches to the revival of manufacturing and identifying specific areas where public and private and international cooperation and could help upgrade industrial strategies in the post Covid Scenario.

The delegation will be meeting the Minister of Finance of Bahrain, Salman Al Khalifa, as also James Zhan, director-general of UNCTAD; Luc Remont, executive vice-president of Schneider Electric; Takeshi Hashimoto, president and CEO of Mitsui OSK. Lines; Bernard Charles, CEO & Pascal Daloz, COO of Dassault Systemes; Pedro Gomez, head of Mobility and Sustainability of WEF; Sheila Alrowaily of Saudi Aramco Investments, among others. The state delegation would also engage with the World Economic Forum in the areas of innovative and strategic business models of advanced manufacturing global networks of manufacturing, strengthening competitiveness of MSMEs, up skilling / re-skilling of the workforce for advanced manufacturing, net zero manufacturing in compliance with Environmental, Social and Governance (ESG) frameworks, and developing global value chains through ports.