Chandrababu Naidu is not leaving a single stone unturned. Just like how he developed Hyderabad as an IT hub, Chandrababu Naidu is aiming to develop Amaravati as an Entrepreneur hub. He already has few talks with Asian countries like Singapore on the investments in Andhra Pradesh.
Now, Andhra Pradesh signed 100 Crores worth MoUs with Russia which deals with extension of co-operation and investment. As per the details, Russia is set to work with Andhra Pradesh on development of defense related equipment manufacturing setups and aerospace related activities.
Speaking on this occasion, Chandrababu Naidu mentioned that Amaravati is a better place than Mumbai for this sort of investments. He stated that there is lot of land available for investment and setup of companies and he invited more investments from Russia in the aerospace domain.