Chandrababu Naidu aims to make Andhra 'top investment destination'

ANI  |  Amaravati (Andhra Pradesh)[India] 

Chandrababu said the state will be among the top three investment destinations in by 2022, the top destination by 2029 and the preferred destination, among the top five in the world by 2050.

These were the goals defined by the at the CII Partnership Summit 2018 being organised by the (CII) in association with the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India, and the of in Visakhapatnam.

Speaking in the plenary session on "Sunrise Andhra Pradesh", said that it is his goal to make the "happiest and most livable" state not only India, but the globe.

Pointing out that was chalking "consistent double-digit growth", he said that in 2016-17 the state GDP grew by 11.61percent and in the first quarter of 2017-18, the growth was 11.16 percent.

The state, he said, was focused on "inclusive growth" and paid equal attention to all sectors of the economy.

He emphasised the criticality of agriculture and added that was poised to become a "global hub of aquaculture".

The said that led in water management and said that the state will be "drought-free in 15 years".

also said that his administration was aiming to ensure that "there were at least one computer literate person and one in every family".

The said that few leaders have had the "good fortune" of being in a situation to build a capital city from a scratch.

He committed to building "Amaravati" , the new state capital, into "one of the top five cities in the world" .

Inviting investments into the state, he said that he will "personally guarantee that they will receive clearances in 21 days" for their projects and invited them to "sign the MoUs first" and then judge the on "how fast we move".

of Civil Aviation Ashok Gajapathi Raju, for IT, Panchayati Raj and Rural Development Nara Lokesh, for Industries, Food Processing, Agri-Business, Commerce and Public Enterprises N Amaranatha Reddy were present at the summit.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, February 25 2018. 01:02 IST
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