Archive · 9 Oct 2026
Andhra Pradesh Pitches Rs 22 Lakh-Crore Investment Pipeline
Andhra Pradesh wants more companies to build projects in the state.
Chief Minister N Chandrababu Naidu told investors that the state has attracted a large investment pipeline.
He described plans for projects in energy, technology, shipbuilding, electronics and defence.
The state also wants to make it faster for businesses to get projects moving.
Naidu said an account for industrial incentives would be launched on November 12 and 13.
He also described plans to use technology and update school learning for future jobs.
Union Minister Piyush Goyal said Andhra Pradesh can help India grow.
The state is seeking support for infrastructure and a convention centre.
Chief Minister N Chandrababu Naidu said Andhra Pradesh secured Rs 22 lakh crore in investments over the past 28 months.
He said memorandums of understanding worth Rs 13.50 lakh crore were signed at last year’s CII Partnership Summit.
The state highlighted projects including a Google data centre, green-energy generation, shipbuilding, drones, electronics and defence manufacturing.
Naidu cited policy changes, an industrial incentives escrow account and AI-based systems as tools to speed investment execution.
Union Minister Piyush Goyal backed the state’s investment role, citing the Google data centre and planned Quantum Computing Valley.
- Who
- Andhra Pradesh Chief Minister N Chandrababu Naidu and Union Commerce and Industry Minister Piyush Goyal addressed industrialists.
- What
- The state pitched its investment pipeline, policy changes and sector-specific infrastructure under its ‘Build AP’ strategy.
- When
- At the CII Partnership Summit-2026 Curtain Raiser, held on a Thursday; the article does not give a calendar date.
- Where
- New Delhi.
- Why
- The state aims to turn its investment pipeline into broader industrial expansion and speed up project execution.
- Investment pipeline
- Naidu said Andhra Pradesh had secured Rs 22 lakh crore of investments in the past 28 months.
- Previous summit MoUs
- MoUs worth Rs 13.50 lakh crore were signed at last year’s Partnership Summit, according to Naidu.
- Green energy
- Agreements have been signed for 110 GW of green-energy generation against a state target of 500 GW.
- Incentives mechanism
- Naidu said the industrial incentives escrow account would be launched on November 12 and 13.
- Major projects cited
- Naidu said Google was setting up a 1 GW data centre and ArcelorMittal was establishing projects in the state.
- Proposed shipbuilding facilities
- Mazagon Dock Shipbuilders proposed a centre at Dugarajapatnam; Goa Shipyard proposed a facility at Machilipatnam.
- Quantum computing
- Quantum computing activities in Amaravati are expected to begin in February next year.