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At the Global Investors Summit underway in Visakhapatnam, several Union Ministers, State Ministers, industrial leaders and delegates acknowledged the contributions of Andhra Pradesh Chief Minister N. Chandrababu Naidu and IT & Industries Minister Nara Lokesh in shaping the state’s investment direction.
Adani Ports SEZ MD Karan Adani stated that the efforts of the state leadership are helping Andhra Pradesh build a stronger industrial identity. Several industry representatives noted that the government’s current focus on infrastructure, digital reforms and investment clarity is drawing attention from global players.
CII Vice President Suchitra K. Ella recalled Chandrababu Naidu’s earlier tenure in undivided Andhra Pradesh, mentioning that initiatives like the Genome Valley ecosystem later played a crucial role during the COVID-19 pandemic, where Bharat Biotech developed the vaccine.
GMR Group Chairman GM Rao also underlined the importance of long-term planning for industrial growth, noting that consistent policy support remains key for investor confidence.
Summit organisers confirmed that the first day saw agreements signed with 40 companies, with proposed investments reportedly amounting to ₹3.5 lakh crore. Officials added that the state government’s proactive engagement, including outreach visits abroad, has helped bring international stakeholders to the table.
They also emphasised that the next crucial step is ensuring ground-level implementation of the signed projects and distributing industrial development across multiple regions of the state.
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