CMs Naidu and Fadnavis Showcase India’s Federal Strength at Davos Summit

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Indian Chief Ministers are making headlines at the World Economic Forum (WEF) in Davos, Switzerland. They are showcasing the potential of their states for investments and development. Andhra Pradesh Chief Minister N. Chandrababu Naidu and Maharashtra Chief Minister Devendra Fadnavis actively engaged with global leaders, businesses and investors to attract investments and promote growth.

Andhra Pradesh Chief Minister is to meet top executives from global companies like Unilever, DP World Group, Petronas, Google Cloud, Pepsi and AstraZeneca at the Davos Summit. He is also learned to hold discussions with WEF officials and simultaneously take part in the roundtable conferences on some key topics such as organic farming, green hydrogen, human mission calibration and renewable power.

Naidu is promoting “Brand Andhra” at the Davos summit and emphasized role of his state as a future petrochemical hub while participating in a discussion on ‘Building the Next Petrochemical Hub.’ Andhra Pradesh boasts the largest Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in India. It spans across 640 square kilometers. He highlighted that Visakhapatnam and Ramayapatnam are already attracting significant investments.

Meanwhile, Maharashtra Chief Minister Devendra Fadnavis shared the achievements and vision of his state. He noted that healthy competition among states at Davos accelerates collective growth of the states and it is vital for achieving the goal of becoming the world’s third-largest economy.

Maharashtra is currently leading in foreign direct investment (FDI) equipped with a MoUs worth a record-breaking Rs 15.7 lakh crore at the summit. Fadnavis highlighted the efficiency of Maharashtra in converting MoUs into actual investments.

Fadnavis said that Davos serves as a global platform for companies and foreign partners to collaborate as well as finalize deals.

Both Chief Ministers are trying to utilize the WEF summit to promote the strengths of their states, strengthen collaborations and highlight investment opportunities. They are showcasing the dynamic role that Indian states play in driving the nation’s economic progress.

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