Andhra Pradesh Chief Minister N Chandrababu Naidu declared at the Investopia Summit that the state will become India’s top hub for futuristic technologies like drones, electronics, and aerospace. Emphasizing a pro-investor stance, Naidu promised to eradicate poverty and drive wealth creation through innovation, particularly leveraging Artificial Intelligence.

Highlighting Andhra’s 1,000-km coastline, robust infrastructure, and strengths in agriculture, aquaculture, and digital economy, Naidu positioned the state as the ideal investment destination. He outlined ambitious goals, including contributing 160 GW to India’s 500 GW green energy target by 2030, establishing a Green Hydrogen Valley in Amaravati, and creating a Quantum Valley. Google’s planned data centre in Vizag, the largest outside the US, was also announced.

Naidu stressed “speed of doing business,” assuring investors of time-bound project completions and policy support. He noted India’s demographic dividend and USD 1.5 billion in trade with the UAE, aiming for a USD 2.4 trillion GSDP by 2047.

The summit, strengthening India-UAE ties, saw agreements between the Andhra Pradesh Economic Development Board and Investopia, attended by UAE Minister Abdulla Bin Touq Al Marri and Lulu International’s M A Yusuf Ali.

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