A.P. has become preferred destination for investors: Minister Bharath

A.P. has become preferred destination for investors, Industries Minister T.G. Bharath said on Saturday, citing a recent Bank of Baroda report. He noted that A.P. has become preferred destination for investors by securing a significant share of proposed investments across the country.

Referring to the report, the Minister said Andhra Pradesh accounted for 25.30% of all proposed investments in India during the first nine months of the Financial Year 2026. He described this achievement as a strong vote of confidence in the State’s economic policies.

Mr. Bharath attributed the growth to investor-friendly reforms, transparent governance, and improved ease of doing business. He said the government had streamlined approvals and reduced procedural delays to attract both domestic and international investors.

The Minister highlighted that sectors such as manufacturing, renewable energy, food processing, and electronics were drawing strong interest. He added that balanced regional development remained a key focus of the government.

According to him, increased investments would lead to job creation, better infrastructure, and higher income opportunities for local communities. He said special attention was being given to industrial growth in backward regions.

Mr. Bharath reaffirmed that the government would continue policy stability and proactive support for industries. He said Andhra Pradesh aims to sustain its momentum and emerge as one of India’s leading investment destinations.