logo
CM Naidu meets Indian envoy in Singapore; pitches AP as hub for green energy, defence, tech

CM Naidu meets Indian envoy in Singapore; pitches AP as hub for green energy, defence, tech

VIJAYAWADA: During his official visit to Singapore, Chief Minister N Chandrababu Naidu met Indian High Commissioner Shilpak Ambule and showcased the State's potential as a prime investment destination.
Naidu highlighted opportunities in defence, electronics, aerospace, ports, and green energy, supported by progressive policies aimed at attracting Singapore-based firms.
The Indian High Commissioner praised the 'CBN Brand' for its strong reputation within Singapore's government and industrial circles. He briefed Naidu on Singapore's achievements in public policy, healthcare, green hydrogen, aviation, semiconductors, and industrial development, and noted that Singaporean companies are keen to explore investment in Andhra Pradesh.
He elaborated on Andhra Pradesh's investor-friendly policies and outlined plans to generate 160 gigawatts of green energy. Key green hydrogen projects are underway in Visakhapatnam (with NTPC) and Kakinada, while India's first Quantum Valley is being developed in Amaravati.
Naidu announced that Google is establishing a data centre in Visakhapatnam and positioned Rayalaseema as an emerging hub for defence, aerospace, electronics, and automobile industries.
Ambule noted that 83% of Singapore's population benefits from public housing, prompting Minister P Narayana to present Andhra Pradesh's housing initiatives. IT Minister Nara Lokesh highlighted reforms in the education sector and the State's readiness to host new prestigious institutions.
Ambule emphasised a growing demand for tech professionals from Andhra Pradesh in Southeast Asia and said Singapore is emerging as a hub for Indian students and skilled workers. He assured continued support from the Indian High Commission in strengthening bilateral cooperation.
Singaporean firms, including STT, Keppel, CapitaLand, Equinix, and PSA are exploring investment opportunities in Andhra Pradesh across semiconductors, electronics, ports, shipbuilding, pharmaceuticals, and data centres, he noted.
Discussions also touched on potential collaborations in AI, startups, medical devices, and academic partnerships between institutions in Singapore and Andhra Pradesh.
Ministers Nara Lokesh, P Narayana, TG Bharath, and senior state officials were present at the meeting.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Pharmaceuticals, IT services, Electronics and Auto components: How will Donald Trump's 25 percent tariffs affect India? Experts say India will now...
Pharmaceuticals, IT services, Electronics and Auto components: How will Donald Trump's 25 percent tariffs affect India? Experts say India will now...

India.com

time11 minutes ago

  • India.com

Pharmaceuticals, IT services, Electronics and Auto components: How will Donald Trump's 25 percent tariffs affect India? Experts say India will now...

Donald Trump- File image New Delhi: In a shocking turn of events for India-US trade relations, the US, under the leadership of President Donald Trump announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty for buying Russian crude oil and military equipment. The surprise announcement came a day after Indian officials said that a US trade team would visit from August 25 to negotiate a trade deal. After the imposition has been announced, several industry experts have expressed opinions on how the tariffs are going to impact the Indian market. Which key Indian sectors will be impacted? Auto & Auto Components : This sector may be hit hard, with companies like Tata Motors (Jaguar Land Rover) and auto component exporters exposed to the US market. Electronics & Textiles : These sectors could see increased pressure due to higher tariffs, making Indian goods less competitive. Pharmaceuticals & IT Services: These sectors remain largely exempt from the new tariffs, but could face indirect impact if US economic activity slows. What do experts say on US tariffs on India? Reacting to the development, PHD Chamber of Commerce and Industry (PHDCCI) President Hemant Jain said that the United States' recalibrated trade policy, which is also targeting other major exporters like China, Vietnam, and Bangladesh, signals a larger supply chain realignment, as per a report carried by news agency IANS. 'While Indian MSMEs may feel an initial impact, this is also an opportunity. Global buyers are now looking to de-risk from overdependence on a few geographies, and India is emerging as the most credible, democratic, and scalable alternative,' Jain was quoted as saying by the report. Gem and Jewellery Export Promotion Council (GJEPC) Chairman Kirit Bhansali struck a cautious tone, appealing for diplomatic engagement. 'We urge the US administration to reconsider and call on both governments to engage in constructive dialogue that safeguards bilateral trade and protects the millions of jobs that depend on it on both sides,' he said. (With inputs from agencies)

DNA Test Of US President Trump Tariff Bulling
DNA Test Of US President Trump Tariff Bulling

India.com

time11 minutes ago

  • India.com

DNA Test Of US President Trump Tariff Bulling

In a move that's sparked diplomatic concern, US President Donald Trump announced a unilateral 25 per cent tariff on Indian goods. A decision that coincided with the historic launch of the NISAR satellite, jointly developed by ISRO and NASA. While space collaboration between India and the US soared to new heights, Trump launched what many are calling a "tariff strike" on one of America's key allies. Dubbed "Mr. 25 Per cent," Trump claimed the tariffs were a response to India's high duties on American products, its continued defence deals with Russia, and its oil trade with Moscow. India, purchasing over 35 per cent of its crude oil from Russia at prices up to $25 cheaper per barrel, has prioritised national interest over external pressure. With long-term rupee-ruble agreements, India saves significantly on foreign reserves and fuel subsidies. Today's DNA analysed US President Trump tariff bulling. Watch Today's Full Episode: DNA में आज की बड़ी खबरें भारत-रूस की दोस्ती..ट्रंप से नहीं देखी गई? एनकाउंटर में 'सावन का सोमवार' दिखता है? सदी का सबसे बड़ा भूकंप..क्या बचा, क्या मिटा? WATCH DNA LIVE : #USTariff #DonaldTrump @pratyushkkhare — Zee News (@ZeeNews) July 30, 2025 The defense angle is just as critical. India has bought $45 billion worth of defense equipment from Russia, compared to $22 billion from the U.S. Despite this, India also imports from France and other countries, showcasing strategic autonomy in defense procurement. Trump's tariff targets, interestingly, align with BRICS nations, including 30 per cent on China and South Africa, 50 per cent on Brazil, and now 25 per cent on India. Analysts suggest that India's rising influence in BRICS and its independent foreign policy irked Trump. India exports heavily to the US in sectors like pharmaceuticals, textiles, agriculture, and jewellery, and all are likely to be impacted. On the import side, civil aircraft, medical devices, and electronics from the US will become more expensive. However, experts believe this tariff may be more of a negotiation tactic. Trump has previously rolled back tariffs post-pressure. With ongoing talks and India exploring new markets like the UK and BRICS, a potential US-India trade compromise still remains on the table.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store