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June 23, 1998

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Andhra CM in Business Week's Asian star-list

Business Week magazine has included Andhra Pradesh Chief Minister N Chandrababu Naidu in its latest 50-strong Stars of Asia list.

The list profiles 50 Asians who are ushering in change in the continent.

According to Business Week, Naidu is steering clear of short-term gains and seeking to transform the state into a "magnet for investment and raising the living standard of its residents". The magazine also takes note of Naidu's zeal in making Hyderabad, the state capital, the hotbed of information technology projects, with a reference to his celebrated 1997 meeting with Microsoft's Bill Gates in New Delhi.

"Many Indians and foreign investors see the 48-year-old chief minister as a model of the kind of modernising administrator that India needs," the magazine notes in its cover story.

Naidu's drive for efficient and responsive administration in his state qualifies him to be included in the list of 15 Asian policy-makers rooting out government mismanagement and changing the way Asians think about themselves. Among others in the list, the magazine notes, are Zhu Rongji, the Chinese premier, and Kim Dae Jung, the South Korean president.

Five other Indians figure in the 50 list: Dhirubhai Ambani of Reliance, N R Narayana Murthy of Infosys Technologies, Suresh Krishna of Sundaram Fasteners, VSNL chairman B K Syngal and HDFCF chairman Deepak S Parekh.

UNI

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