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Naidu invites Singapore companies to invest in Quantum Valley

Naidu invites Singapore companies to invest in Quantum Valley

The Hindu3 days ago
Chief Minister N. Chandrababu Naidu has invited Singapore companies to explore investment opportunities in the State's upcoming 'Quantum Valley' project, being established in Amaravati. 'This will be the first Quantum Valley in the country and is expected to be operational by January 2026,' he said, noting that the ecosystem will offer ample scope for research, innovation, and global partnerships.
He highlighted Andhra Pradesh's strong potential for data centre development during a high-profile roundtable conference with industrialists and business leaders in Singapore on Tuesday.
Mr. Naidu pointed out that Andhra Pradesh, particularly Visakhapatnam, has developed the necessary ecosystem to support data centre infrastructure. He revealed that Google is set to establish a major data centre in Visakhapatnam, and that top-tier IT companies like TCS and Cognizant are also in the process of setting up their operations in the region.
The Chief Minister emphasised that the Andhra Pradesh government is currently implementing over 20 industry-friendly policies aimed at fostering investment and innovation. He elaborated on the advantages of A.P.'s proactive industrial climate, transparent governance, and sector-specific incentives.
As part of his ongoing visit to Singapore, the Chief Minister met representatives from 41 leading companies, presenting the State as an ideal investment destination in the digital infrastructure and technology sectors.
Ministers Nara Lokesh, T.G. Bharat, and P. Narayana, along with senior State officials, were present.
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