VIZAG matters - Sohan Hatangadi's Blog

HSBC Wall Kalamkari art depicting their CSR activities

This article appeared in the Times of India, Vizag Edition, 3 April 2016 Landing in trouble There is a renewed purpose in the air, the Andhra Pradesh state government’s mission is clear; this is the time for double digit growth! In order to fuel the growth we need plenty of money. A capital is to be built from scratch; infrastructure is required in every segment, airports, sea ports, power plants, highways and myriad government institutions. Where do we get the money to do all this? Obviously from taxes, we must therefore entice industry and business to bring in the revenue. No wonder then that the first priority of governments is to attract private entrepreneurs, the bigger the better.  The inducements for investing in the state are typically, ease of doing business, educated workers, adequate water, guaranteed power supply, roads, rail, ports and most important of all, the magical ingredient in the business mix …LAND! Plenty of LAND! Have land – want industry Who ow...