Visakhapatnam, Nov. 15 -- Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday announced allotment of six thousand acres of land to develop Sri City as a Model international industrial hub.

Participating as chief guest on concluding day of 30th CIIpartnership summit at Andhra University grounds here on Saturday, the Chief Minister virtually laid foundations for Raymond projects and inaugurated five projects in Sri City.

He also participated in signing MoUs with several companies, which came forward to set up their units in Sri city. The Raymonds group signed MoUs of three projects with an investment of Rs 1201 crore including Silver Spark Apparel park, JKMaini global precision limited, JK Maini Global Aerospace Limited. Speaking ...