AP Growth Claims Spark Big Interest

Andhra Pradesh economic growth highlighted by CM Naidu with major investments, reforms, and plans for long-term development.

Chief Minister N. Chandrababu Naidu said global Telugu achievers continue to strengthen the Andhra Pradesh brand. He noted that Telugu professionals earn high per-capita income in many nations. Moreover, he pointed out that a large number of foreign students come from Telugu states. This global recognition, he said, significantly boosts the state’s image.

The Chief Minister explained that the Vishakha CII Summit rebuilt the state’s investment identity. Through the summit, Andhra Pradesh gained ₹13.26 lakh crore in commitments and 16 lakh potential jobs. Additionally, the State Investment Promotion Board cleared projects worth ₹8.29 lakh crore. He further mentioned that the Centre recently acknowledged Andhra Pradesh as the state with the highest number of industrial parks.

Naidu highlighted notable economic progress across sectors. During the first year, the state recorded 12.02% GSDP growth. In the second quarter, growth reached 11.28%, which was significantly higher than the national 8.7% rate. Furthermore, he set a 17% annual target and stressed accountability and transparency in all departments.

He also detailed reforms in irrigation, power, HRD, and regional development. To improve groundwater, the government plans new conservation systems. In addition, AP aims to reduce power costs and expand HRD centres. He added that upcoming technology and innovation hubs will push long-term economic growth across all regions.

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