In an attempt to woo Japanese companies the Chief Minister of Andhra Pradesh Mr. Chandra Babu Naidu has promised 7 day clearances for agriculture machinery and equipment innovator Yanmar Group of Japan. Stating his stand very clearly, Naidu went to the extent of saying that if his government is unable to give the clearances, the company can still go ahead and start the operations from the 8th day.
While this is being seen as a very aggressive and appreciative stand taken by the Chief Minister, one playing a devil’s advocate would want to understand how this will pan out in the future. This is also being seen as a desperate attempt by Chandra Babu to get more investing companies interested in India and more importantly in Andhra Pradesh.
The optimists are already celebrating this move as the Yanmar Group has recently tied-up with Tamil Nadu based Murugappa Group. Commenting on this fast move, CBN justified that the techniques from this Japanese Group, if used effectively, would yield 50% more profit to farmers of Andhra Pradesh.
Once bitten twice shy seems to be the approach of Chandra Babu where he’s making sure that the farmers are not being neglected this time.