How Did Andhra Pradesh Achieve a 10.50% Growth Rate in the First Quarter?
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Synopsis
Andhra Pradesh has recorded a remarkable 10.50% growth in the first quarter of 2025-26, exceeding the national average. Chief Minister N. Chandrababu Naidu aims higher, targeting a 17.1% growth for the year. Discover how the state's diverse sectors contribute to this success in our detailed report.
Key Takeaways
- 10.50% growth rate in the first quarter.
- Surpassed national average of 8.8%.
- Target of 17.1% growth for the year.
- Key sectors include industries, services, and agriculture.
- Tourism sector showed 17.08% growth.
Amaravati, Sep 9 (NationPress) Andhra Pradesh has achieved an impressive 10.50 percent growth rate in the initial quarter of the fiscal year 2025-26, surpassing the national average of 8.8 percent.
Delighted with this double-digit growth, Chief Minister N. Chandrababu Naidu emphasized the necessity for ongoing efforts to reach a target of 17.1 percent growth rate for the entire financial year through continuous sector monitoring.
The Chief Minister held a comprehensive review of the Gross State Domestic Product (GSDP) at his camp office.
During the meeting, he remarked that with a lengthy coastline and rich natural resources, there is immense potential to attain a 25 percent growth rate. He urged officials to concentrate on enhancing growth in areas such as transport, insurance, and real estate.
An official announcement revealed that the industry sector experienced the highest growth rate at 11.91 percent, followed by the service sector at 10.70 percent, and the agricultural sector at 9.60 percent.
In the agricultural sector for the first quarter, livestock growth was recorded at 6.65 percent, while fishing and aquaculture surged by 14.52 percent. Meat production saw an increase of 8 percent, resulting in 3.41 lakh tonnes produced, while egg production rose to 67,450 lakh from 62,157 lakh.
The industrial sector, including mining and quarrying, generated a revenue of Rs 10,686 crore with a remarkable growth of 43.54 percent. The manufacturing sector grew by 9.93 percent, earning Rs 40,515 crore, while construction saw a growth of 9.57 percent with revenues totaling Rs 31,550 crore.
The service sector, encompassing trade, hotels, and restaurants, posted the highest growth at 17.92 percent, generating Rs 25,702 crore in revenue. Real estate and professional services enjoyed 11.70 percent growth with Rs 34,324 crore, while the tourism sector recorded a growth of 17.08 percent.
The influx of tourists surged to 8.07 crore, up from 6.89 crore. Additionally, the number of air passengers rose to 15.85 lakh from 13.09 lakh, marking an increase of 21.1 percent.
Point of View
We recognize the significance of Andhra Pradesh's economic growth amid national challenges. The state's achievement of 10.50% growth highlights effective governance and strategic sectoral focus. With a commitment to enhancing infrastructure and services, Andhra Pradesh is poised to become a leading economic contributor in the country.
NationPress
09/09/2025
Frequently Asked Questions
What was Andhra Pradesh's growth rate in the first quarter?
Andhra Pradesh recorded a growth rate of 10.50% in the first quarter of 2025-26.
How does Andhra Pradesh's growth rate compare to the national average?
The state's growth rate of 10.50% surpasses the national average of 8.8%.
What sectors contributed to this growth?
Key sectors include industries, services, and agriculture, with significant contributions from transport, insurance, and real estate.
What are the future growth targets set by the Chief Minister?
Chief Minister N. Chandrababu Naidu aims for a growth rate of 17.1% for the entire financial year.
How did the tourism sector perform?
The tourism sector experienced a growth of 17.08% with an increase in both tourist numbers and air passengers.
