Can CM Naidu Achieve 15 Percent Economic Growth for Andhra Pradesh?
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Synopsis
As India approaches its goal of becoming the third-largest global economy, Chief Minister Chandrababu Naidu reveals an ambitious plan for Andhra Pradesh, targeting 15% annual growth through innovative technologies and infrastructure development. Will his vision transform the state's economic landscape?
Key Takeaways
- Ambitious Growth Target: Aiming for 15% annual growth.
- Investment Attraction: Rs 5 lakh crore in investments secured.
- Focus on Technology: Emphasis on next-gen technologies and green energy.
- Infrastructure Development: Integrated transport systems to lower logistics costs.
- Leadership Initiatives: Global Leadership Centre in Amravati to foster future leaders.
New Delhi, May 30 (NationPress) India stands on the brink of becoming the world’s third-largest economy, and Andhra Pradesh is poised to take a leading role, asserted Chief Minister Chandrababu Naidu on Friday.
In his address at the CII Annual Business Summit, Naidu presented a strategic plan for Andhra Pradesh’s swift economic advancement, targeting an impressive 15 percent annual growth over the next 22 years to aid India's journey towards becoming a developed nation. A key aspect of this vision is to establish the state as a center for next-generation technologies, sustainable energy, logistics, and manufacturing.
He highlighted that Andhra Pradesh is working to integrate ports, airports, railways, and inland waterways to reduce logistics costs from 14 percent to 8 percent of GDP, aligning with international standards.
Naidu, reiterating his dedication to enhancing the ease of doing business, stated: "My pledge: one application, and we’ll manage everything else. All clearances in record time."
He further revealed that the state has successfully attracted Rs 5 lakh crore in investments, creating 4.5 lakh jobs within the last year. Naidu encouraged industry leaders to invest in the state and join in its growth narrative.
He expressed his long-standing belief in developing ecosystems that not only draw investment but also cultivate vision. His goal is to foster not just infrastructure but also leadership—entrepreneurs who create jobs rather than seek them. A Global Leadership Centre is in the works in Amravati to nurture the next generation of global leaders.
The Chief Minister reminisced about India’s pioneering green building in Hyderabad, created in collaboration with the CII. He envisions building Amravati as the next frontier—a greenfield city powered by cutting-edge technologies, including quantum computing, AI, and biotechnology.
He announced that by January 2026, India’s inaugural quantum computing facility will be operational in Amravati, inviting industry leaders to co-create a futuristic, world-class urban ecosystem.
CII President Sanjiv Puri commended Naidu’s forward-thinking vision, stating: "From EoDB to Speed of Doing Business, from PPP to P4, you have always been ahead of the curve." He embraced the concept of integrated rural industrial hubs and sought Naidu’s insights on balancing AI with employment and the path to achieving double-digit growth.
Point of View
The ambitious goals set by CM Naidu for Andhra Pradesh reflect a broader vision for India's economic growth. The integration of technology and infrastructure is vital for sustainable development, and if executed well, it could serve as a model for other states. Balancing innovation with job creation will be key to ensuring that growth benefits all citizens.
NationPress
22/07/2025
Frequently Asked Questions
What is CM Naidu's economic growth target for Andhra Pradesh?
CM Naidu aims for a 15% annual economic growth target for Andhra Pradesh over the next 22 years.
How much investment has Andhra Pradesh attracted recently?
Andhra Pradesh has attracted Rs 5 lakh crore in investments in the past year.
What technologies are being prioritized in Andhra Pradesh's growth plan?
The growth plan prioritizes next-gen technologies, including quantum computing, AI, and biotechnology.
When will the quantum computing facility be operational?
India's first quantum computing facility is expected to be operational in Amravati by January 2026.
What initiatives are in place to improve logistics costs?
Andhra Pradesh aims to reduce logistics costs from 14% to 8% of GDP by integrating various transport modes.
