CM gets good response on investments from Patro Corp

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Patro Corp evinces interest in expanding operations in Vizag

Andhra Pradesh and Applied Materials will work towards creating an ecosystem for applied materials research and manufacturing.

As part of his week-long visit to the U.S., Chief Minister N. Chandrababu Naidu and his delegation visited the company’s headquarters in California and met its president and CEO Gary Dickerson. Applied Materials is an American corporation that supplies equipment, services and software to enable the manufacture of semiconductor chips for electronics, flat panel displays for computers, smart phones and televisions and solar products.

Mr. Dickerson said the world was changing at great speed and the base for these changes was materials. “Innovations will be based on the materials,” he observed.

Reflecting on his observations, Mr. Naidu said India was on the growth path and Andhra Pradesh had advanced human resources. Citing the examples of the Andhra people who had migrated to the U.S. as employees but now had turned entrepreneurs, he said the new capital of Andhra Pradesh offered immense opportunities to investors.

Mr. Dickerson observed that clean water and uninterrupted power supply were very essential prompting Mr. Naidu to point out that they were available in abundance in the State.

Group proposed

Mr. Naidu proposed constitution of a six-member group, three each from the company and AP to study and draw an implementable plan on the ways in which the firm could engage in the State to identify customers manufacturing applied materials in India and create an ecosystem in Andhra Pradesh for this industry to grow. Later, Mr. Naidu met Dheeraj Pandey, co-founder and CEO of Nutanix, a cloud computing software company that sells what it calls hyper-converged infrastructure (HCI) appliances and software-defined storage. Mr. Pandey informed him that about 50% of the engineers in the company were Telugus. He said his firm was keen on collaborating with the Andhra Pradesh government and promised to work on a roadmap and a project report in two months to create cloud infrastructure.

Mr. Naidu also had meetings with companies like Patro Corp, Visa and Mobility Infra.

Patra Corp is an American BPO already present in Vishakhapatnam and the company representatives told Mr. Naidu that they were interested in expanding their operations in Vishakhapatnam but could not, given the space constraint.

Reacting to the company CEO John S. Simpson’s observation that they would recruit another 500 in Vizag if space allowed, Mr. Naidu asked the APICC to make the Tech Mahendra buildings available to them.

Ravindra Varma, Chairman and Managing Director of Mobility Infrastructure group, was among many other business people Mr. Naidu met on the fifth day of his tour, according to an official statement from the government.

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