After the Hero instance, Naidu-led AP government is more conscious and cautious over the investments queued up to the truncated state. Chandrababu Naidu and the government of Andhra Pradesh is playing it very safe when it comes to investments and the companies interested in it. It’s not just hiding the names of probable investors, it’s keeping it under wraps in order to avoid any untoward incidents that would dent the prospects of AP.
Especially soon after Babu’s Japan trip, although there are several Japanese companies interested in setting up their units or coming forward to provide high-end technology in building the new capital of AP, not even a single name of firm has been revealed so far. It is reliably learnt that AP government don’t want to take any chances as competitive states like Telangana, Karnataka and Tamil Nadu are keenly and closely watching the moves of AP in order to woo its investors to their states.
“Hero Motorcorp had first shown interest in AP and later they had change of mind and wanted to shift to Hyderabad. But Naidu stepped in and finally managed to bring it back with the help of Kambhampati Ram Mohan Rao. With this, Naidu has learnt a lesson and directed officials to hide information even from media,” said a source in the know. While the competition between AP and its neighbouring states is running high, it’s natural for Naidu to play it safe.
At the same time, Naidu is said to be in no mood to break rules and regulations despite competition from other states is high. He asked all the interested companies to participate in the bidding and he stated that the company which quotes the highest price will be given the opportunity. “Just because competition is high, we can’t flout rules. Mr Naidu has given strict instructions to officials on the procedure to be followed,” added the source.