Overview
- Chief Minister N Chandrababu Naidu warned that India’s push to become the world’s third-largest economy will require gearing up for competition with the US and China through stronger manufacturing capabilities.
- India’s first Quantum Computing Centre in Amaravati is set to open by January 2026 in collaboration with TCS, IBM and L&T to drive breakthroughs in health, energy and cryptography.
- A Global Leadership Centre will be established in Amaravati to groom entrepreneurs and political leaders on the lines of global forums like Davos.
- The Rayalaseema hi-tech industrial corridor from Lepakshi to Orvakal aims to attract ₹5 lakh crore in investments, create 4.5 lakh jobs and link ports, airports, inland waterways and highways.
- Under the Swarna Andhra Vision 2047 and Integrated Clean Energy Policy 2024, the state targets a $2.4 trillion economy by 2047 alongside 160 GW of renewables and ₹10 lakh crore in clean energy investments by 2029.