Billionaire Anil Ambani is all proud to the Andhra Pradesh Chief Minister Nara Chandra Babu Naidu at the Partnership Summit 2016 in Visakhapatnam. Anil Ambani referred CBN’s words “the crisis is an opportunity” and reminded that his father Dheerubhai Ambani always used to say these words.
“Chandrababu with shear will and determination turned and transformed the crisis facing state to new state of vast opportunities” Anil Ambani said. He also lauded his efforts in bringing the business school to the Hyderabad at the time of his tenure. He also expected the TDP young scion Nara Lokesh to carry out the legacy without much doubt.
In the summit, Reliance Industries signed an MOU with Andhra Pradesh government to build naval shipbuilding facility at Visakhapatnam. The facility building costing around Rs.5,000Crs is expected to create thousands of skilled jobs in the debt ridden state.