CM address CII partnership summit roadshow in Singapore

Singapore: Chief Minister N Chandrababu Naidu invited Singapore business men to make Andhra Pradesh their preferred investment destination, highlighting the state’s investor-friendly policies, abundant resources and world-class infrastructure. Addressing the CII Partnership Summit Roadshow in Singapore ahead of the upcoming Partnership Summit in Visakhapatnam, the Chief Minister described Andhra Pradesh as a model state for investment and economic growth. He said Andhra Pradesh enjoys a long-standing and productive relationship with Singapore. He recalled Singapore’s contribution to the development of Hyderabad during the undivided Andhra Pradesh era and its pivotal role in preparing the master plan for Amaravati after state bifurcation.“Singapore has designed a remarkable blue-green capital city plan for Amaravati. We continue to work closely with Singapore on urban development and infrastructure initiatives. Andhra Pradesh is one of the best destinations for investment, and I invite Singaporean entrepreneurs to make Amaravati and Andhra Pradesh their second home,” he said.

The Chief Minister emphasised that Andhra Pradesh has institutionalised “Speed of Doing Business” model that ensures rapid approvals, efficient administration and seamless project execution.He cited the example of global steel giant ArcelorMittal, which received approvals in record time and is expected to commence production and exports from Andhra Pradesh by 2028. He also announced that a Google Cloud AI Data Hub is being established in the state and will be powered by green energy.According to the Chief Minister, nearly 10 GW of data center capacity is being developed by various companies in Andhra Pradesh. He also highlighted the proposed Rs 7,000 crore home appliance manufacturing facility by LG Electronics at Sri City.To address future workforce requirements, the state is establishing an Operational Skill University to create industry-ready talent. He added that the government is increasingly relying on data-driven governance and technology-enabled decision-making to improve citizen services and economic outcomes.

Referring to the state’s long-term development strategy, Chandrababu Naidu said Andhra Pradesh has formulated the Swarna Andhra Vision 2047, aligned with India’s Viksit Bharat 2047 mission.“India is rapidly emerging as a global economic power and Andhra Pradesh will soon become one of its key economic engines,” he said.The Chief Minister highlighted the state’s strengths, including its long coastline, rich mineral resources, tourism potential, leadership in aquaculture, horticulture, agriculture and services, as well as political stability at both the state and national levels.He noted that Andhra Pradesh is implementing 26 industrial policies to create a favorable investment climate and is investing heavily in infrastructure, water management, and industrial ecosystems. The state’s abundant land and water resources, supported by the Krishna and Godavari river systems, provide a strong foundation for industrial growth.

Chandrababu Naidu said Andhra Pradesh is pursuing a vision of transforming every family into an entrepreneurial unit through the One Family–One Entrepreneur initiative. The government is also focused on improving product quality standards, particularly among MSMEs.The state currently operates six ports along its coastline of more than 1,000 kilometers and is expanding connectivity between ports, domestic markets and international trade routes. Andhra Pradesh also has seven operational airports, with the upcoming Bhogapuram International Airport expected to significantly enhance global connectivity.The Chief Minister announced the establishment of specialized functional universities in logistics, agriculture, civil aviation, and energy. He also highlighted the state’s investments in road and rail networks linking ports and industrial corridors.Industrial ecosystems are being developed across sectors such as electronics, space technology, aerospace, drones and defense manufacturing. He also revealed plans for a fifth-generation fighter aircraft manufacturing and testing facility near Puttaparthi in Rayalaseema and reiterated the government’s commitment to expanding electric vehicle adoption and green mobility.

The Chief Minister outlined his vision for Amaravati as a leading education, innovation and knowledge hub. He said the city will be connected to major metropolitan centers such as Hyderabad, Bengaluru and Chennai through future high-speed rail networks.Amaravati is being developed as a sustainable blue-green city with a strong focus on electric mobility and renewable energy. He announced that IBM, TCS and L&T are jointly establishing a 133-qubit Quantum Computer in Amaravati, which is expected to become operational by December this year.The state is also promoting innovation and entrepreneurship through the Ratan Tata Innovation Hub, while ensuring comprehensive government support for investors and startups.The Chief Minister further noted that Andhra Pradesh offers enormous opportunities in tourism, food processing, aquaculture, agriculture, horticulture and natural farming. He encouraged investors to experience the state’s “Speed of Doing Business” ecosystem firsthand before making investment decisions.“This is a golden opportunity to invest. I invite global investors to become partners in India’s growth story through Andhra Pradesh,” he said.

Highlighting emerging global investment trends, Chandrababu Naidu said geopolitical developments are increasingly directing investments toward India, with a significant share of proposed projects showing interest in Andhra Pradesh.He stressed that the future belongs to startups and innovation-driven enterprises. Governments, large corporations and investors across the world are actively supporting startup ecosystems to drive economic growth and technological advancement.The Chief Minister also announced the development of a Financial District in Amaravati, which will host banks, financial institutions and related services, creating a vibrant ecosystem for investment and business growth.