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Andhra Pradesh Chief Minister N Chandrababu Naidu used a global platform at Davos to outline his vision of developing Amaravati into the world's best city, inviting international investors to partner in the effort. He highlighted India's demographic advantage, strong national leadership and growing global confidence in the country's economy. Naidu said Andhra Pradesh is moving faster than ever, with a renewed focus on speed of doing business. He also underlined India's future role as a global talent hub and a leader in green energy.
Andhra Pradesh Chief Minister N Chandrababu Naidu expressed strong confidence in India's and Andhra Pradesh's growth prospects while outlining his vision to develop Amaravati into what he described as the world's best and most beautiful city. Addressing a breakfast interaction hosted by the state government in collaboration with industry body CII at Davos, he said the state was open to global partnerships to achieve this goal. Advertisement
Naidu pointed out that while many countries are grappling with ageing populations, India continues to benefit from a strong demographic advantage, which is expected to support growth for another 25 to 30 years. He added that India's growth story is also backed by stable and decisive leadership at the national level under Prime Minister Narendra Modi.
He said India has several inherent strengths that were earlier underestimated globally. According to him, the country was once seen as a "sleeping giant," but that perception has changed significantly, with India's growth potential now widely recognised without the need for active promotion.
Highlighting the pace of change, Naidu said India is moving rapidly and Andhra Pradesh is progressing at an even faster rate. He noted that the focus has shifted from merely improving ease of doing business to accelerating the speed of doing business, reflecting greater efficiency and urgency in governance.
The Chief Minister reiterated his intent to involve global investors and industry leaders as partners in Andhra Pradesh's development. He recalled that his visits to Davos during the 1990s played a key role in shaping his understanding of global economic trends and influenced his approach to positioning Andhra Pradesh in line with global progress.
Naidu also said the global economy is increasingly likely to depend on India for skilled talent in the coming years. Drawing from his earlier experience of transforming Hyderabad into a highly liveable city during his previous tenure, he said Amaravati is now his next focus as a planned global city.
He further highlighted India's potential to lead the global green energy transition, citing the country's strong combination of abundant sunlight, wind resources and available storage capacity. He said Andhra Pradesh offers opportunities across multiple sectors and is well placed to support investments in clean energy and other emerging industries.
Source PTI
FAQ
Q1. What vision did Chief Minister N Chandrababu Naidu present for Amaravati at Davos?
At Davos, Chief Minister N Chandrababu Naidu outlined an ambitious vision to develop Amaravati into what he described as the world's best and most beautiful city. He positioned the capital as a planned global city and invited international investors and partners to participate in its development. The vision reflects Andhra Pradesh's intent to align urban development with global standards in infrastructure, liveability, and economic opportunity.
Q2. Why does Naidu believe India and Andhra Pradesh are well placed for long-term growth?
Naidu highlighted India's strong demographic advantage as a key driver of sustained growth, noting that the country will continue to benefit from a young and productive population for the next 25 to 30 years. He also pointed to stable and decisive national leadership as a critical factor supporting economic confidence. Together, these elements create a favourable environment for long-term investment and development at both the national and state levels.
Q3. How has global perception of India's economic potential changed, according to Naidu?
According to Naidu, India was once viewed globally as a "sleeping giant," with its true potential underestimated. This perception has shifted significantly in recent years, as India's economic strength and growth prospects have become widely recognised without the need for active promotion. He suggested that global confidence in India is now driven by visible performance rather than expectations alone.
Q4. What changes in governance and business environment did Naidu emphasise?
Naidu said that the focus in India and Andhra Pradesh has moved beyond improving ease of doing business to increasing the speed of doing business. This shift reflects a greater emphasis on faster decision-making, efficient governance, and timely execution of projects. He noted that Andhra Pradesh is progressing at a faster pace than before, signalling urgency and responsiveness in policy implementation.
Q5. What sectors did Naidu identify as key opportunities for global investors in Andhra Pradesh?
Naidu highlighted clean and green energy as a major opportunity, citing India's abundant solar and wind resources along with growing storage capacity. He also emphasised India's emerging role as a global talent hub, suggesting that the world will increasingly rely on Indian skilled manpower. Andhra Pradesh, he said, offers investment opportunities across multiple sectors and is well positioned to support future-oriented industries, including renewable energy and urban development.
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