Andhra Pradesh Shines at WEF 2026, Attracts ₹22 Lakh Crore Investments

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CNBC TV18•03-02-2026, 20:31
Andhra Pradesh Shines at WEF 2026, Attracts ₹22 Lakh Crore Investments
- •Chief Minister N. Chandrababu Naidu led a delegation to WEF 2026 in Davos, holding over 36 meetings with global leaders and industry giants.
- •Andhra Pradesh aims to attract ₹22 lakh crore investments and create 20 lakh jobs, emphasizing ease and speed of doing business with 25 new industrial policies.
- •Major investment announcements include Google's AI data center in Visakhapatnam, ArcelorMittal Nippon Steel's ₹1 lakh crore steel plant, and AM Green's $10 billion Green Ammonia project at Kakinada.
- •Discussions covered emerging sectors like AI Creative Tech Hubs, Generative AI, Deep Tech, digital content, green energy, and tourism.
- •The state is developing Amaravati as a green and blue capital and focusing on inclusive development through initiatives like the Ratan Tata Innovation Hub for startups.
Why It Matters: Andhra Pradesh showcased its vast investment potential at WEF 2026, securing major deals and partnerships.
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