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Naidu pitches Andhra Pradesh as best, safest destination for investments at Singapore forum
Naidu pitches Andhra Pradesh as best, safest destination for investments at Singapore forum

The Hindu

time28-07-2025

  • Business
  • The Hindu

Naidu pitches Andhra Pradesh as best, safest destination for investments at Singapore forum

Chief Minister N. Chandrababu Naidu on Monday described Andhra Pradesh as the best and safest destination for investments, assuring full government support to industries. Speaking at the A.P.–Singapore Business Forum Roadshow in Singapore, a lead-up to the Partnership Summit in Visakhapatnam this November, Mr. Naidu highlighted vast investment potential in aerospace, defence, agri-tech, semiconductors, food processing, logistics, biotech, tourism, and other sectors. He said Andhra Pradesh offers both opportunity and security for investors, supported by industry-friendly policies under the Swarna Andhra 2047 Vision. Recalling Singapore's earlier role in drafting the Amaravati master plan, he said the present government is keen to revive ties and invited Singapore firms to collaborate with A.P. Mr. Naidu said the State was shifting to green energy, developing logistics corridors in Amaravati, Visakhapatnam, and Tirupati, and strengthening its skilled workforce. He also noted the presence of six operational ports and four more under construction, and the advantage of three major industrial corridors. Andhra Pradesh is building a Quantum Valley in Amaravati, integrating data through a data lake, and prioritising Artificial Intelligence adoption, he added. The State's WhatsApp governance model has also emerged as a trendsetter. Ministers Nara Lokesh, P. Narayana and T.G. Bharat were present.

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