British Deputy High Commissioner visits Sri City

Hyderabad Gareth Wynn Owen, British Deputy High Commissioner, Andhra Pradesh & Telangana, visited Sri City on Tuesday. Dr Ravindra Sannareddy, Founder Managing Director of Sri City,highlighted the infrastructure, unique features, sustainability, green initiatives and the brisk pace of development in Sri City. He drew their attention on the available investment options in different sectors, financial incentives from the State and Central governments, and specific advantage of locating production units in Sri City.

Welcoming the Deputy High Commissioner, Ravindra Sannareddy said: "India and the United Kingdom share a modern partnership bound by strong historical ties. For the UK, India is a ‘priority market’, and it stands as sixth largest investor in India, accounting for around 5.3 per cent of all foreign direct investments. Being a home for eight renowned British companies in diverse sectors, Sri City remains at the top of mind recall of investors from the UK.”

“We feel honoured for the attention paid by Owen in knowing more about Sri City. His observations, which are very encouraging, would certainly pave way for more business investments here from UK,” he added.

Impressed with its world-class infrastructure, and business-friendly ambience, Owen said, “So pleased to visit for the first time the fantastic Sri City. The growth in just 15 years is so amazing, and I am pleased that British Companies have been part of the journey. I look forward to revisit the place.” He expressed confidence that more and more UK companies will set up their operations in Sri City soon.