Andhra Pradesh’s investment pledges to hit Rs 32.49 lakh crore, says CM Naidu

Chief Minister N. Chandrababu Naidu told reporters that Andhra Pradesh is on track to secure investment commitments amounting to Rs 32.49 lakh crore. The figure represents the cumulative value of projects and proposals that have been formally pledged to the state in recent months. Naidu highlighted that the inflow spans sectors such as manufacturing, infrastructure, renewable energy and information technology, reflecting the government’s push to diversify the economy.

State officials said the commitments include both domestic and foreign investors, with several large‑scale industrial parks and logistics hubs already under discussion. The administration plans to expedite clearances and provide fiscal incentives to convert these pledges into operational projects.

If realized, the Rs 32.49 lakh crore portfolio would significantly boost Andhra Pradesh’s gross state domestic product and create millions of jobs, according to the CM’s economic outlook.