CM Naidu targets slum-free Visakha as global economic hub, 135B GDP by 2032.

• Visakhapatnam to be developed as a slum-free, modern city and a global economic hub, with a comprehensive action plan by CM N. Chandrababu Naidu.
• Visakhapatnam Economic Region (VER) aims to increase its GDP from $52 billion (2024) to $125-135 billion by 2032, creating 3 million jobs.
• The government plans balanced development across industries, IT, tourism, urban development, green energy, and infrastructure, discussing 49 key projects.
• Plans include a large international convention center, MedTech Zone-2 in Anakapalli, incentives for Toys Park industries, and attracting defense manufacturing.
• VER's economy is projected to reach $750-800 billion by 2047; CM will review progress every two months.

Why It Matters: Visakhapatnam's economic hub plan promises millions of jobs and growth.