AP is all set to fly high with Lockheed Martin and Airbus making in the state.
Andhra Pradesh government’s enthusiasm to make the state an active participant in the Make in India campaign was evident in the second day of the ongoing World Economic Forum in Davos. Earlier, his involvement at the WEF 2015 resulted in Pepsico establishing a bottling plant in the state and now; the chief minister of the state, Nara Chandrababu Naidu envisions the state to become the hub of defence and aerospace technology in the country.
Thursday morning, the chief minister interacted with Marillyn Hewson, the CEO of the American aerospace and defence company Lockheed Martin. After Mr. Naidu explained the suitability of the state for setting up manufacturing units; Ms. Hewson expressed interest in the state and reportedly told the chief minister that the company was planning on moving some of its manufacturing units from Texas to India and also said they will finalise the location soon.
Later, Mr. Naidu met Fabrice Breiger, the CEO of Airbus and explained to him that should Airbus decide to start operations in India; the Andhra Pradesh government will provide the required facilities in Anantapur; potentially near Puttaparthi. Mr. Breiger is reported to have told him that officials from the firm will visit AP in the next three months to survey the place.
While the aerospace giants expressed immense interest in the state; Pavan Munjal, the Chairman, MD and CEO of Hero MotoCorp was also at the Forum and he informed the CM that Hero will soon announce the date on which they will start the construction of their manufacturing plant in the state.
Considering the number of engineers that the state produces each year; there is a huge potential for these companies in the state. With Mr. Naidu citing the ample power facilities and the human resources that the state has to offer, it is highly likely that the two giants will invest in the state; making it a hub of defence and aerospace technology.