Investing in Tomorrow's Andhra Pradesh

Under Chief Minister N. Chandrababu Naidu's leadership, Andhra Pradesh is driving industrial transformation through bold policies, major investments, and innovation, emerging as India's next growth hub.

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Andhra Pradesh has set ambitious goals to become a leading investment destination in India. What is your overarching vision for industrial and economic growth over the next five years?

Andhra Pradesh has immense potential waiting to be tapped. It is India's Gateway to the East. Our goal over the next five years is to make Andhra Pradesh one of the most attractive destinations for investors in India and beyond. Under our new Industrial Development Policy 2024-29, we aim to attract ₹30 lakh crore in investments, create five lakh new manufacturing jobs, and double our exports to USD 40 billion.

Our results speak for themselves. In just one year, we have received investment commitments worth over USD 117 billion, creating potential employment for more than 9 lakh people. This shows the growing trust of global investors in Andhra Pradesh.

With the third-longest coastline in India and three major industrial corridors, Andhra Pradesh is fast emerging as a logistics and manufacturing powerhouse. We are promoting both traditional sectors like textiles, automobiles, and pharmaceuticals, and sunrise sectors such as semiconductors, clean energy, aerospace, and AI.

We believe in not only ease of doing business but also speed of doing business. With digital approvals, transparent policies, and ready infrastructure, investors can move from intent to action faster than anywhere else in India.

How is the state government addressing the development of industrial corridors, ports, logistics hubs, and connectivity to strengthen the industrial ecosystem?