Andhra Pradesh Emerges as India's Top Investment Hub, Says CM Naidu
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Andhra Pradesh Chief Minister N Chandrababu Naidu has confidently declared that his state is the most attractive investment destination in India. Speaking at the World Economic Forum, Naidu invited global industrialists to experience the state's business-friendly policies firsthand. He highlighted the state's key sectors, including green energy, technology, and manufacturing, and outlined policies aimed at attracting investments across multiple sectors. With nearly 25% of all foreign investment pledges made in the country, Andhra Pradesh is well on its way to becoming a major player in India's economic growth. The state is home to several major investments, including a proposed USD 15 billion Google AI data centre in Visakhapatnam and a USD 10-billion green hydrogen and green ammonia project in Kakinada. This massive project, which is set to generate up to 8,000 jobs during construction, will also create high-skill employment opportunities in allied sectors such as renewable energy, logistics, storage, and port services. Naidu's vision for the state includes developing a space city, strengthening port and airport infrastructure, and expanding highway connectivity. The state's 1,054-km-long coastline, along with its ports and airports, presents a major strategic advantage. Additionally, the government is working towards promoting natural farming across 50 lakh acres over the next three to four years. As India aims to rise as a global power by 2047, Andhra Pradesh is poised to play a crucial role in this journey, according to Naidu. With its business-friendly policies, growing brand image, and investment opportunities, Andhra Pradesh is an attractive destination for investors looking to tap into India's growing economy.
