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COVER STORY: NARA CHANDRABABU NAIDU

We Believe in Doing

Mr Naidu, Hyderabad has had a meteoric rise in the 1998 BT Gallup MBA survey of the Best Cities For Business: from No. 12 in 1996 to No. 3 this year. What are the factors behind this rise?

The process of creating an investor-friendly state started nearly 3 years ago, when Andhra Pradesh was nearly bankrupt. I decided to first focus on the infotech industry to attract investments. After all, infotech is a fast-growth industry, which can attract big global labels. That is what happened. Our policies attracted Microsoft, IBM, Oracle Another major change that I brought about was in Andhra Pradesh's industrial policy.


Naidu was designated as Co-chairperson of the National Task Force on IT set-up by the Government of India to prepare the IT roadmap for the future.


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