Overview
- Speaking in Visakhapatnam at an international mediation conference, N. Chandrababu Naidu announced a Space City near Tirupati that he said will host private satellite launches, drawing a comparison to SpaceX.
- He stated that Amaravati will run a quantum computer by January 1, which he said would make India the sixth country using quantum computing.
- The chief minister said the state has mobilised $100 billion in investment, with Google expected in Visakhapatnam next month and Cognizant joining as TCS operates there.
- He projected that recent projects will push Visakhapatnam’s data centre capacity beyond the country’s current total within one to two years.
- He also highlighted a planned drone city near Kurnool and cited Ernst & Young in projecting India to become the top economy by 2047 following tax reforms enabling 10% growth.