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Tatas to make Hyderabad hub for aerospace biz

Hyderabad|India|November'2010: The Chief Minister Dr. K Rosiah had a one to one meeting with the Chairman of Tata Group of Industries and Companies, Mr. Ratan Tata at Adibhatla Special Economic Zone (SEZ), where he launched First Sikorsky S-92 Helicopter Cabin made in India by the Tata Advanced System. The Chief Minister lauded the vast industrial empire built by Tatas which has become the backbone of India's progress and requested Mr Ratan Tata to invest in Andhra Pradesh in different sectors.

Mr Ratan Tata told the Chief Minister that the Tata Group is interested in Steel, Power and Automobile sectors and positively responded to the request of Dr Rosaiah. Mr Tata eulogised the Chief Minister for the industrial progress Andhra Pradesh has made in the last few years and said the State has a bright future. Mr Ratan Tata said Andhra Pradesh is sure to attract huge investments. He also applauded the efforts being made by the Chief Minister in attracting investors and boosting the industrial development and making Andhra Pradesh the No.1 State in industrial development. The Chief Minister said that economic development and employment generation are the twin objectives of the State Government.

The Chief Minister told Mr Ratan Tata that he had the privilege of meeting Jamshedji Tata and appreciated his vision for the industrial development of the country. Dr Rosaiah said he came to know that Tata Group has formed another Joint Venture with the Agasthya Helicopters Group and is planning to set its manufacturing unit in India and the Group is seriously considering Hyderabad for its location. The Chief Minister requested Mr. Tata to finalise this venture at the earliest.

Dr Rosaiah said, in the past, land was surveyed by the Tata Group for locating their unit, for Tata Nano Car Project. In view of the growing automobile market in India and the increasing market share of Tata cars of various models they might be requested to invest in the automotive sector in the State, either in the outskirts of Hyderabad or any other location as per their choice.

The Chief Minister told Mr Tata that Tata Group after their take over of 'Corus' is one of the largest steel manufacturers in the world and are looking to expand in India. He said as the Tata Project in Orissa is getting delayed, Andhra Pradesh might consider to allot land required for their steel plant either in Anantapur or Kadapa where suitable land is available with rail connectivity to Bellary Iron Ore Mines and Krishnapatnam Port.

The Chief Minister told Mr Ratan Tata that keeping in view of the natural gas potential in the KG basin, Andhra Pradesh has promoted Petroleum, Chemical and Petrochemical Investment Region in the coastal area between Visakhapatnam and Kakinada along 600 sq. kms of coastline. Natural Gas potential in the KG basin is giving large scope for the growth of fertiliser plants, power plants, gas based manufacturing industries. The Chief Minister also requested Mr Ratan Tata to set up a chemical project in Andhra Pradesh. Mr Tata responded positively.

-Nov'2010

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