Nara Lokesh, Andhra Pradesh minister for IT, HRD and RTG
India
M
Moneycontrol05-02-2026, 14:57

Andhra Pradesh Shines at WEF 2026: Attracts Rs 22 Lakh Crore Investments, 20 Lakh Jobs

  • Andhra Pradesh made a strong pitch at WEF 2026 in Davos, showcasing investment potential across various sectors and aiming to attract Rs 22 lakh crore investments and generate 20 lakh jobs.
  • Chief Minister N. Chandrababu Naidu held over 36 high-level meetings with global leaders, including Lakshmi Mittal, Thomas Kurian, Arvind Krishna, and N. Chandrasekaran.
  • Major investment announcements include Google's AI data center in Visakhapatnam, ArcelorMittal Nippon Steel's Rs 1 lakh crore steel plant, and AM Green's $10 billion Green Ammonia project at Kakinada.
  • The state highlighted its focus on emerging sectors like AI Creative Tech Hubs, Generative AI, Deep Tech, digital content economy, and green energy, with discussions on quantum computing and cybersecurity.
  • Andhra Pradesh positioned itself as an investor-friendly destination, emphasizing ease and speed of doing business, and is developing Amaravati as a green and blue capital city.

More like this

Loading more articles...