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The Hindu
a day ago
- Business
- The Hindu
Andhra Pradesh will be the best bet for investors from UAE, CM Chandrababu Naidu gives assurance
VIJAYAWADA Chief Minister N. Chandrababu Naidu requested Abdulla Bin Touq Al Marri, Minister of Economy & Tourism, UAE, to explore the investment opportunities in Andhra Pradesh (A.P.) especially in seaports, logistics, agriculture, shipbuilding, digital technologies, renewable energy and tourism sectors, while promising to extend all possible support to those coming forward to partner with the State in its development journey. 'I invite you to spend 25% of your time in our State and see our functioning. If you are not confident of our ability to deliver on our promises, you can leave us', Mr. Naidu told Mr. Al Marri, seeking to impress upon him the effectiveness of A.P. Government's hand-holding to investors. Andhra Pradesh Chief Minister Chandrababu Naidu leading a high-level team to Singapore from July 26 Participating as the chief guest at an investor meet jointly organised by the Confederation of Indian Industry (CII) and Investopia, a UAE-based global investment platform, in Vijayawada on Wednesday (July 23, 2024), Mr. Naidu said the A.P. Government was committed to giving time-bound clearances to proposals put forth by entrepreneurs and the State was transitioning from Ease to Speed of Doing Business, and the CMO was directly monitoring the status of projects. He noted that Andhra Pradesh was rich in agriculture and water resources, was endowed with a 1,053 km-long coastline, it has a string of seaports and upcoming airports and skilled human resources, well-established rail and road networks and multiple other advantages beckoning investors. Naidu releases report of Task Force on Economic Development for Swarna Andhra Pradesh 'The UAE Government and entrepreneurs should see for themselves the opportunities and they can be assured of all full support. The A.P. Government introduced 15 sector-specific policies and was offering a slew of incentives to those putting their money in the State,' the CM mentioned. Mr. Naidu said the A.P.-UAE bilateral trade last year amounted to $1.45 billion (approximately ₹12,500 crore) and there was tremendous scope for increasing it as the State moved forward in alignment with the goals laid down by the Prime Minister Narendra Modi in his vision of Viksit Bharat. He said a British company came forward to set up a green ammonia plant in Krishnapatnam, DP World evinced interest in working with the A.P. Government in the development of the maritime sector and many other prospective investors were in touch with the State, reiterating that A.P. would be the best bet for investors from the UAE. Andhra Pradesh Industries & Commerce Minister T.G. Bharat, A.P. Government Chief Secretary K. Vijayanand, LuLu International CMD M.A. Yousuff Ali, Investopia CEO Jean Fares and CII President Designate R. Mukundan spoke in the inaugural session. Later, the A.P. Government and Investopia announced the signing of an MoU for collaboration in promoting investments. A.P. Economic Development Board CEO C.M. Saikanth Varma and Mr. Fares exchanged copies of the agreement.


Hans India
a day ago
- Business
- Hans India
CM Chandrababu lauds Dubai's development, promotes vision for AP
In a recent address at the Investopia Global AP conference in Vijayawada, Andhra Pradesh Chief Minister N. Chandrababu Naidu expressed his admiration for Dubai, describing it as a country that has transformed desert landscapes into paradises. He conveyed a sense of envy for the UAE's achievements, particularly in the realm of tourism, highlighting the pleasant experiences offered by its desert areas and beaches. During his speech, Naidu emphasised the strong relationship between India and the UAE, noting that 40 per cent of the UAE's population is Indian. Reflecting on India's economic journey, he remarked on the significant changes brought about by the economic reforms of 1991 and the technological advancements of 1995. He praised Prime Minister Narendra Modi's leadership, stating that India is poised to become the world's third-largest economy by 2047 through initiatives like Vikasit Bharat. Citing the Vision 2020 project initiated in the erstwhile unified Andhra Pradesh, Naidu announced plans for a quantum computing valley to be established by January 2026. He also highlighted the state's efforts to enhance governance through technology, with 575 services now available via WhatsApp. By August 15, all government services will be accessible online, eliminating the need for citizens to visit government offices and endure long waiting times. Naidu concluded his remarks by urging a focus on innovation and technology, with the ultimate goal of creating a healthy, prosperous, and happy society through effective government and private partnerships.


The Hindu
2 days ago
- Business
- The Hindu
A.P. CM orders satellite survey for crop mapping to ensure better income of farmers
Andhra Pradesh Chief Minister N. Chandrababu Naidu has asked the officials to conduct a comprehensive satellite-based survey to map crop patterns across all survey numbers in the State. In a review meeting on agriculture on Tuesday (July 22, 2025), Mr. Naidu emphasised the need to modernise agriculture with advanced technologies, artificial intelligence, and satellite data to ensure accurate information for policy-making. The satellite survey initiated in Bikkavolu mandal of East Godavari district provided encouraging results. The Chief Minister instructed the officials to cross-verify this satellite data with field-level inputs and guide farmers to cultivate similar crops in clusters for better yield and profitability. He also emphasised updating agricultural records following the completion of land resurvey and purification of revenue records. The Chief Minister insisted on monitoring crop health in real time using 42 standard parameters. Groundwater recharge structures should aim for 1,000 tmc ft storage. He ordered desilting of canals and coordinated efforts between the agriculture and water resources departments. Drones should be deployed widely in agriculture and other allied sectors, he said, adding that drones can simplify farming operations and have potential applications across 15 sectors. Reviewing the integration of an AI chatbot to assist farmers with crop planning and value addition, he stressed providing timely and accessible information to farmers using AI tools. The Chief Minister raised concerns over excessive use of fertilizers and pesticides, saying that it was deteriorating soil health and causing cancer. He called for awareness campaigns and strict monitoring of input use. Integrated Pest Management (IPM) systems should be adopted to minimise dependency of chemincals, he said. Mr. Naidu announced that he would soon conduct virtual meetings with water user associations to understand their issues and plan water distribution effectively. Organic certification He emphasised organic certification to increase product demand and income for farmers. He approved a partnership with the Tata group for organic certification and highlighted export potential to countries such as Japan and Taiwan. Produce with certifications like NPOP and IndiaGAP can be exported to over 130 countries, he said. Mr. Naidu appreciated the products developed by 'Coco Munj', a company that manufactures coconut-based products. Agriculture Minister K. Atchannaidu and senior officials of related departments were present in the meeting.


The Hindu
2 days ago
- Business
- The Hindu
Industries Minister T.G. Bharath reviews revival efforts at Visakhapatnam Steel Plant
Andhra Pradesh Industries, Commerce, and Food Processing Minister T.G. Bharath visited the Rashtriya Ispat Nigam Limited–Visakhapatnam Steel Plant (RINL-VSP) on Tuesday to review its operations and discuss steps to restore its past performance, according to an official release. During the visit, the Minister interacted with directors and senior officials, who presented a detailed PowerPoint briefing on the plant's status. As per the update, RINL has been ramping up production since September 2024. From operating a single blast furnace earlier this year, the plant now runs all three furnaces as of July 2025. Expressing optimism, the Minister said that with the full operation of Furnace-3, the plant is poised to reach 100% production and return to profitability after years of losses. He assured the management that he would raise the issue of captive mines with Chief Minister N. Chandrababu Naidu in the next meeting and also pursue it with the Union government. The Minister further advised the adoption of solar energy and advanced technology to enhance power efficiency and boost production capacity.


Time of India
2 days ago
- Business
- Time of India
Andhra Pradesh to develop India's largest ecosystem for green hydrogen
Amaravati: The Green Hydrogen Valley proposed by the government of Andhra Pradesh aspires to become India's green hydrogen capital by 2030, promoting the country's largest eco-system for production of green hydrogen and its derivatives in partnership with industry and academia. It also aims to accelerate domestic R and D and capacity building in green hydrogen technologies, including testing facilities. Chief Minister N. Chandrababu Naidu on Monday released Green Hydrogen Valley-Amaravati declaration The key targets under Green Hydrogen Valley include establishing Electrolyser manufacturing capacity of 2 GW by 2027 and 5 GW by 2029, 1.50 MMTPA Green Hydrogen production capacity by 2029, achieving cost reduction from ₹460 per Kg to ₹160-170 per Kg by 2029 and creation of transmission infrastructure (Green Energy Corridor) to evacuate 25 GW RE power by 2029. The declaration was finalised based on the deliberations at the Green Hydrogen Summit held last week here in association with the Government of Andhra Pradesh and NREDCAP. The summit focused on green hydrogen production, storage, and distribution; green hydrogen applications in industry, transport, and power generation; policy, standards, and capacity building for a sustainable hydrogen ecosystem. According to the declaration, by 2030 at least 60 per cent of all electrolyser components and storage solutions deployed in the state will be produced locally, reducing import dependency. At least three new production units for electrolyser and hydrogen storage manufacturing will be established, with a combined production capacity of at least 4-5 GW for electrolyser equipment. The Green Hydrogen Valley will establish skilling ecosystem, specialised research Hubs with dedicated green hydrogen research centres, create cross-disciplinary labs, encourage collaborations with premier institutes, promote Public-Private Partnership (PPP) models to fund breakthrough projects, incentivise joint ventures between local start-ups and global hydrogen tech firms and facilitate knowledge exchange forums, workshops, and annual innovation summits. The Green Hydrogen Valley will establish India's first Integrated Green Hydrogen Skilling Eco System in collaboration with reputed Universities and Institutions, to offer engineer upskilling and technician certifications - training 200 specialists in the first year and 2,000 annually by 2030. The declaration says that the Green Hydrogen Valley will spearhead the creation of a robust start-up ecosystem in the green hydrogen sector. To catalyse innovation, the state will support start-ups working across the entire green hydrogen value chain. To catalyse innovation, the state will allocate ₹500 crore over five years to support at least 50 start-ups working across the entire green hydrogen value chain. To support the development of green hydrogen technologies, the Government of Andhra Pradesh will promote world-class Research and Development (R and D) centres and advanced testing facilities involving SRM University-AP as the state nodal agency, to carry out advanced research in green hydrogen technologies, including the testing facilities, with active support from the Nation's Mission. The declaration noted that Andhra Pradesh is richly endowed with solar and wind energy potential, complemented by pumped hydro storage capacity, creating favourable conditions for large-scale development of green hydrogen. The state's long coastline further strengthens its position by offering an ideal ecosystem for exporting green hydrogen and its derivatives to Southeast Asian countries. The state government established the first thematic centre under the World Economic Forum's Centre for the Fourth Industrial Revolution (C4IR) network in collaboration with WEF's Centre for Energy and Materials (CENMAT), which focuses on energy transition and green industries, driving innovation and sustainable growth in the region. --IANS ms/uk