Andhra Pradesh Chief Minister N Chandrababu Naidu invited global industry leaders to the CII Partnership Summit in Visakhapatnam in November during a roadshow held in Dubai to promote investments in the state. Naidu, who is on a three-day visit to the UAE, showcased Andhra Pradesh's significant investment potential across various sectors and introduced 24 new industry-friendly policies.
“Naidu invited global industry heads to participate in the summit... Necessary permissions will be granted within 15 days for those coming forward to establish industries in Andhra Pradesh,” stated an official release on Wednesday night.
The Chief Minister emphasised the state's goal of becoming a global logistics hub by prioritising air, water, and road connectivity and reviving inland waterways.
He praised Dubai for its tourism success, which attracts nearly 18 million visitors annually, and announced that Andhra Pradesh is granting top priority to tourism by awarding it industry status. Naidu outlined plans for seven anchor hubs, 25 thematic circuits, and three national parks, all of which will be developed to attract large-scale visitor numbers.
The Chief Minister informed investors that Google is establishing a USD 15 billion AI data centre in Visakhapatnam, while the state is simultaneously focusing on skill development to enrich its youth as the future workforce. He described Visakhapatnam as a "futuristic city" and reiterated that Amaravati will also be developed as a world-class capital.
Also read: Google to invest ₹88,000 cr in data centres at Vizag: Naidu
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