CBN Effect: AP No. 1 In Private Investments!

After having suffered serious financial repercussions between 2019 to 2024 , under reckless government, Andhra Pradesh is now healing under the NDA government. In particular chief minister, Chandrababu has made it a point to attract private sector investments to the state by promising “Speed of doing business”.

The proactive measures taken by Chandrababu and his government are showing rewards in just 9 months. The same can be understood if we look at the fact that Andhra Pradesh has topped the list of states with highest private sector investment prospects in India. 

According to the report published by the Bank of Baroda research group, Andhra Pradesh is leading the course when it comes to attracting Private sector investments. This essentially means that Andhra Pradesh is the hot favourite for private companies, which are exploring investment opportunities.

Andhra Pradesh is now attracting 15.3% of the nationwide investment prospects in Private sector, and this is better than any other state in the country, including bigwigs like Tamil Nadu and Maharashtra. 

Proud moment for Andhra Pradesh! Our state tops the nation, attracting 15.3% of the total domestic private sector industrial investment in FY25. This is a strong testament to the trust in our governance, robust infrastructure, and future-ready vision under Chandrababu garu’s leadership. The best is yet to come, Nara Lokesh tweeted on this matter.

The arrival of TCS, Lulu group, Infosys, and principal agreements with Microsoft, CISCO and other giants for establishment of AI development facilities in Andhra Pradesh are clearly showing positive impact on the state. 

While the previous government was more interested in reverse tendering and driving away potential companies, the NDA government is in overdrive when it comes to attracting investments, a market observer told Gulte.com.