WASHINGTON, D.C.—Even as President Donald Trump continued to rail against India on trade, chief ministers of Indian states resumed their visits to the U.S. in search of more trade and investment. Trump’s latest taunt is that India and China are no longer “developing nations,” but are “taking advantage” under the cover of the Geneva-headquartered World Trade Organization(WTO).
But not to be discouraged by Trump’s unrelenting swipes against India, Andhra Pradesh Chief Minister Y.S. Jaganmohan Reddy on his maiden visit to the U.S. spoke at a forum jointly hosted by the U.S.-India Business Council and the South Asia Center of the Atlantic Council—a leading D.C. think tank on Aug. 16.
Addressing the gathering Reddy, who won a landslide victory in his state, said his Andhra was ripe for investment by U.S. businesses, and touted his state’s political stability, robust infrastructure and transparency in policy implementation and governance.
Reddy said, "Andhra Pradesh is poised to catalyze investments, capital and partnerships owing to robust infrastructure for connectivity, enabling policies, integration with global value chains, shifting demographic dividend and a ready work force.”
Andhra Pradesh, he said, under his helm, assures the American business community looking for foreign direct investment opportunities with significant dividends, “the delivery of corruption-free governance, transparency in procurement, contract managements and providing investor-friendly experience through one-stop hand-holding of investors.”
Acknowledging that a strong U.S-India partnership was “a critical element in Andhra Pradesh's future growth,” Reddy lauded the USIBC for working with the Government of India to identify the “five big ideas” that will catalyze the U.S.-India economic partnership and urged the USIBC to also work with government of Andhra Pradesh to also identify “five big ideas” to catalyze the “U.S.- Andhra Pradesh Economic Partnership.”
"Andhra Pradesh is poised to catalyze investments, capital and partnerships owing to robust infrastructure for connectivity, enabling policies, integration with global value chains, shifting demographic dividend and a ready work force" he said.
Reddy said that his government and the USIBC “can prepare a roadmap to achieve investment and trade targets especially in the areas of agriculture and food security, healthcare, education, infrastructure and manufacturing.”
He explained Andhra Pradesh's governance and development model, built on what he said were “nine assurances called 'Navaratnalu' namely support to farmers—'RythuBharosa’--irrigation development—'JalaYagnam’--incentives to mother for child education—'Amma Vodi’--scholarship for higher education, women empowerment—'YSR Asara/YSR Cheyutha’--social safety net through pensions—'PensionlaPempu’--, housing for poor ‘PedalandarikiIllu’—and quality healthcare for all—and 'Arogyasri’--the ban of alcohol.