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Chandrababu holds talks with Russia’s leading firm

Hyderabad, July 12 (INN): AP Chief Minister N Chandrababu Naidu on Tuesday held a bilateral meeting with Sun Group, a leading principal investor and private equity fund manager in Russia, informed the AP CMO.

The Chief Minister met Pradnyil Usgaonkar, Director, Operations and member of the Board, ELCOM group, which is a part of global SUN group. The Chief Minister showed interest in creating a Russian-type industrial cluster when Pradnyil informed that their company was keen on exploring the possibilities of investments in AP. Stating that ELCOM operates in aerospace communication and electronics, Pradnyil showed interest to bring technology which will generate more finance.

Later, the Chief Minister elaborated on the opportunities available in Andhra Pradesh and said AP was No. 2 in the ease of doing business in India and has good resources and skilled labour, CMO sources informed. (INN)

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