Chief Minister Nara Chandrababu Naidu has said that Andhra Pradesh will be the best state for investments in India. He said that instead of Ease of Doing Business, industries will be allowed through Speed of Doing Business. He called for taking advantage of immense opportunities in various sectors.
Chief Minister Chandrababu along with Union Minister Piyush Goyal attended the CII Partnership Summit Curtain Raiser program held in Delhi on Tuesday. He invited industrialists from India and abroad and ambassadors of various countries to attend the partnership summit to be held in Visakhapatnam on November 14 and 15.
Speaking on the occasion, the Chief Minister said, “We cordially invite industrialists and ambassadors of various countries to the 30th Partnership Summit to be held in Visakhapatnam. The CII Partnership Summit will be held on November 14 and 15. We are developing logistics to make it suitable for industries. We are constructing ports, airports and roads in the state”.
“Investments should come for wealth creation, and poverty can be eradicated only if wealth is created. If Prime Minister Modi formulates Vikasit Bharat 2047, we have formulated the Swarnandhra 2047 Vision. The Swarnandhra Vision aims to make AP a 2.4 trillion dollar economy. For this, we are working on the basis of 10 principles. We have set key goals like logistics, deep technology and product perfection. Integrated development is now a slogan. Integrated development is possible through P4. Space, electronics, We are setting up drones and aerospace cities in AP,” he added.
CM Chadnrababu said that by January 2026, a quantum computer will start operating in the AP capital Amaravati. In the next two years, he said that they will also reach the stage of producing quantum computer devices. He asserted that Andhra Pradesh is working towards a growth rate of 15 percent.
He said that while India is aimed at producing 500 gigawatts in the renewable energy sector in the country, of which, AP is set a target of producing 160 gigawatts of electricity in the state itself. There are immense opportunities for investment in various sectors in AP and the state is providing permission to industries through the Speed of Doing Business, he said. Today, he made it clear that Andhra Pradesh is at the forefront in implementing the Ease of Doing Business policy.
