Amaravati, Jan 20 (NationPress) Andhra Pradesh's Chief Minister, N. Chandrababu Naidu, declared on Tuesday that no place surpasses Andhra Pradesh as an investment hub. He warmly invited entrepreneurs to explore the state, experiencing firsthand the policies and favorable investment climate established by the government. He stressed the importance of witnessing the speed of business operations before making investment decisions.

While attending the annual World Economic Forum in Davos, he participated in a session titled “India at the Centre: The Geography of Growth – The Andhra Pradesh Advantage.” In his address, he emphasized that Andhra Pradesh represents not just an investment opportunity but a strategic advantage for industries.

He highlighted the state’s strengths in numerous sectors, pointing out that with nearly a quarter of India's FDI, Andhra Pradesh is a leading investment destination. He urged global industries to collaborate for sustainable growth.

As reported in an official release, the Chief Minister expressed his vision for India to emerge as a global power by 2047, with Andhra Pradesh spearheading this change.

He noted that Andhra Pradesh has secured 25% of the foreign investments in India, and the discussion revolved around extensive investment prospects in green energy, technology, fuel, digital infrastructure, logistics, and manufacturing.

CM Naidu elaborated on the state’s investment policies and opportunities across various sectors, mentioning initiatives in green ammonia, investments from Google, and the strong brand image of Andhra Pradesh. Focus areas include Space City, ports, airports, and improved highway connectivity.

He assured investors that the coalition government in Andhra Pradesh is dedicated to supporting them, introducing innovative solutions like drones in agriculture and healthcare. Plans are also in place to launch a drone ambulance service from Andhra Pradesh by 2026. The Chief Minister underscored the advantages of the state's 1,054-kilometer coastline, alongside its ports and airports. He aims for natural farming initiatives to cover 50 lakh acres within the next 3-4 years.

Having attended the World Economic Forum in Davos for decades, he stated, “Every visit to Davos enriches my knowledge through insights from industrialists and experts, allowing me to formulate effective policies based on emerging technology trends. At Davos, we absorb global industrialists' ideas and transform our state into a business-friendly environment.”

“The knowledge economy will revolutionize India's economic landscape. Wealth creation is imminent. Indians, particularly Telugu people, lead in technology adoption. Maximizing technology use will yield remarkable results. India possesses unmatched youth potential and capable leadership. Previously, attracting industrialists to Andhra Pradesh was challenging; however, that is no longer the case. The achievements of the Telugu community and the Andhra Pradesh brand have become significant positives,” he concluded.