ramntr Posted August 19, 2019 Share Posted August 19, 2019 Asian Paper and Pulp Withdraws Biggest FDI in Andhra Pradesh Asian Paper and Pulp, a subsidiary of Sinarmas, is one of the largest industrial houses in Indonesia had signed an MOU with Andhra Pradesh Government last year. According to that, APP will invest Rs 24,000 crore ($3.5 billion) in its proposed pulp and paper manufacturing unit at Ravuru in Gudluru Mandal of Prakasam district.It is supposed the single biggest FDI so far in the country. The project with a capacity of 5 million metric tonnes per annum will be the largest unit of APP at a single location. The unit was supposed to come up in 2,471 acres of land and generate 4,000 direct and 12,000 indirect jobs. But then, the project is now dropped.Sources say that Asian Paper & Pulp has taken this decision mainly due to the new policies of the Jagan Reddy’s Government. This will come as a big blow to the new government as it is starting at empty coffers. Unless Jagan can generate revenues and mobilize resources, he will be under tremendous pressure to meet the increasing expenditure due to his election promises. Link to comment Share on other sites More sharing options...
niceguy Posted August 19, 2019 Share Posted August 19, 2019 Link to comment Share on other sites More sharing options...
Raaamu Posted August 19, 2019 Share Posted August 19, 2019 Inka marala babu vachinaa evadu invest cheyadu ikkada Link to comment Share on other sites More sharing options...
sskmaestro Posted August 19, 2019 Share Posted August 19, 2019 Pushpams forever AP ni padukobettaru..... with their nexus with Jaffa and meaningless vengeance against CBN! Link to comment Share on other sites More sharing options...
thalaiva_NTR Posted August 19, 2019 Share Posted August 19, 2019 1 minute ago, Raaamu said: Inka marala babu vachinaa evadu invest cheyadu ikkada +1 aa tikka naa koduku teesukone decisions valla companies anni bayapadathayi .. govt marithe problem face cheyyalsi vasthademo ani.. anta AP Badluck Link to comment Share on other sites More sharing options...
balayyatheking Posted August 19, 2019 Share Posted August 19, 2019 eedi moham chusi evadra invest chesedi.... Link to comment Share on other sites More sharing options...
rama123 Posted August 19, 2019 Share Posted August 19, 2019 Veedu Telangana cm Laga vunnadu Link to comment Share on other sites More sharing options...
rama123 Posted August 19, 2019 Share Posted August 19, 2019 https://mobile.twitter.com/RameshPV2010/status/1163471464579792902 Link to comment Share on other sites More sharing options...
BalayyaTarak Posted August 19, 2019 Share Posted August 19, 2019 https://www.firstpost.com/india/arbitrary-decisions-by-ys-jagan-mohan-reddy-in-zeal-to-wipe-out-chandrababu-naidus-legacy-alarm-domestic-foreign-investors-in-andhra-pradesh-7172001.html/amp Detailed each and every action and step by Jagan and Co that is threatening investors Link to comment Share on other sites More sharing options...
Seniorfan Posted August 20, 2019 Share Posted August 20, 2019 antha pedda investment ante oka 4 elections karchulu sardali......75% local is nothing but for extortion..... election karchu tabattali kada.... Link to comment Share on other sites More sharing options...
ramntr Posted August 20, 2019 Author Share Posted August 20, 2019 Veedini chusthe mahametha nayam la vunnadu, Cbn projects evi kadilinchakunda vadi % vadu theesukunnadu.. Eedendo eedi vidanalento... Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.