| Author | Message | ||
Time_waste Side Hero Username: Time_waste Post Number: 2178 Registered: 10-2014 Posted From: 38.96.203.34 Rating: N/A |
state vidipoyinappud aravollu sankal gudhuku sacharu... slow ga dhoola therettundhi... | ||
Seinfeld Megastar Username: Seinfeld Post Number: 25811 Registered: 03-2008 Posted From: 66.162.235.30 Rating: |
denemma kamedy tagaleyya..magic show lo magician chethulu ala galloki tipputhadu kada, aa type lo undi tt's sodhi..evadeha babu ni namme VP | ||
Pavala Megastar Username: Pavala Post Number: 25216 Registered: 02-2008 Posted From: 87.62.156.226 Rating: N/A |
ok Bala audio function roju ma fans ki grahanam day...memu bayataki rakudadhu....repu talk to u yaa.. - Onlytruth | ||
Onlytruth Legend Username: Onlytruth Post Number: 172038 Registered: 01-2007 Posted From: 104.182.130.135 Rating: N/A |
The cost of setting up business is also cheaper in Andhra Pradesh, as the state government is doling out tax incentives and land at throwaway prices to woo investors. Hero MotoCorp, for example, has been provided 100 per cent exemption on value-added tax, or VAT, on bikes produced in the state, say industry sources. Sri City is also leveraging its proximity to Chennai, a huge market, and connectivity to ports both in the north and south to boost its prospects. Tamil Nadu has a lot to do to catch up on the power front with Andhra Pradesh which offers electricity at a highly subsidised rate of 75 paisa a unit. Experts say Tamil Nadu, even though it is surplus in power now, cannot afford to slash prices because of the poor state of its discoms. Given Andhra Pradesh's competitive advantage, it has already attracted investments worth Rs 20,000 crore in less than two years. Many say Andhra Pradesh is doing to Tamil Nadu what the latter did to Karnataka in the 1980s. By aggressively marketing its new business district of Hosur just across the border from Bengaluru, Tamil Nadu managed to stop investments meant for Karnataka just short of its borders. TVS Motor, Ashok Leyland and several other companies pumped in hundreds of crores into Hosur during the decade, turning the area into a manufacturing hub. However, Tamil Nadu's decline does not boil down to aggressive marketing by Andhra Pradesh alone. It ranked 12th in World Bank's recent report titled Assessment of State Implement of Business Reforms, with Gujarat at the number one spot and Andhra Pradesh at number two. | ||
Onlytruth Legend Username: Onlytruth Post Number: 172037 Registered: 01-2007 Posted From: 104.182.130.135 Rating: N/A |
The state has been caught in a tug of war for investments with neighbouring Andhra Pradesh and Gujarat, which are aggressively wooing companies with better infrastructure facilities and faster clearances. Over the past year, a number of big-ticket projects bound for Tamil Nadu have gone to Andhra Pradesh's swanky new business district called Sri City, about 50 Kms from Chennai. Andhra Pradesh now boasts of several big names like Mahindra & Mahindra, Hero MotoCorp and Japanese automobile manufacturer Isuzu Motors as its investors. This week, Chinese solar cells manufacturer Longi announced it was investing Rs 8,000 crore in the state. A host of IT companies have opted for Sri City too, driven by the ease of doing business there and the promise of high-speed internet connectivity. In his quest to attract $2 billion in IT investments over the next five years and create 5 million technical jobs, Andhra Pradesh Chief Minister N Chandrababu Naidu has rolled out an ambitious plan to provide every village in the state with broadband connectivity of 1,000 mbps, and have one e-literate person in every household. It is thus quickly closing the skills gap with Tamil Nadu, which because of its large pool of engineers has the second largest concentration of IT companies after Karnataka in south India. http://www.business-standard.com/article/economy-policy/tami l-nadu-tries-to-halt-the-andhra-juggernaut-115092401223_1.ht ml |
