Andhra Pradesh's Rapid Progress Attracts Telangana Investors

Tirupati: Former Telangana minister and Medchal MLA Ch. Malla Reddy lauded Andhra Pradesh Chief Minister Nara Chandrababu Naidu for the state's rapid development. Speaking to the media after visiting the Sri Venkateswara Temple in Tirumala, Malla Reddy highlighted the significant progress made by Andhra Pradesh under Naidu's leadership.

The former minister emphasized the substantial funds allocated by Prime Minister Narendra Modi for development projects in Andhra Pradesh. This financial support has played a crucial role in accelerating the state's growth and infrastructure development.

Malla Reddy contrasted Andhra Pradesh's progress with Telangana's current situation. He noted that under the leadership of K. Chandrasekhar Rao and the Bharat Rashtra Samithi, Telangana experienced unprecedented growth over the past decade. He praised K.T. Rama Rao for attracting multinational companies to Hyderabad, significantly boosting the city's economy.

However, the MLA pointed out that the real estate sector in Telangana is currently facing challenges. 'Earlier, people used to sell properties in Andhra Pradesh and move to Hyderabad. But now, the trend has reversed. Telangana residents are investing in properties and businesses in Andhra Pradesh,' he stated. This shift indicates a growing confidence in Andhra Pradesh's economic stability and potential.

Malla Reddy remained optimistic about the future of Telangana. He maintained that once KCR returns to power, the state will see a return to its former glory. 'The good old days will be back in Telangana,' he asserted.

The contrast between the two states underscores the importance of effective governance and strategic economic planning. Andhra Pradesh's success in attracting investments and fostering development serves as a model for other states looking to enhance their economic prospects.