CM Naidu Invites MNCs to Partner in Andhra Pradesh’s Economic Growth
Chief Minister N Chandrababu Naidu emphasizes Andhra Pradesh's potential for business growth and invites global corporate leaders to invest in real estate, eco-tourism, and green energy projects.
Andhra PradeshReal EstateEcotourismGreen EnergyInvestmentReal Estate NewsJul 31, 2025
Naidu outlined AP’s comprehensive strategic development plans, detailing targeted regions and specific approaches for implementation. He held focused discussions with representatives from CapitaLand Investment (India), Mandai Wildlife Group, Sumitomo Mitsui Banking Corporation (SMBC), and Temasek Holdings to explore significant investment opportunities across multiple sectors.
During discussions with CapitaLand representatives Sanjeev Das Gupta and Gaurishankar Nagabhushan, emphasis was laid on real estate projects, industrial parks, data centers, green buildings, and digital townships. The Chief Minister highlighted the potential to develop IT parks and plug-and-play workstations in cities like Amaravati, Visakhapatnam, and Tirupati. He also detailed plans to leverage the state’s ports and airports for economic growth, and introduced the Hyderabad-Bengaluru-Amaravati-Chennai Airport Economic Corridor. CapitaLand's representatives informed him that they have invested in approximately 30-35% of IT parks in Hyderabad and expressed interest in further investments across Andhra Pradesh’s real estate and industrial sectors.
In a meeting with Mandai Wildlife Group, Naidu discussed initiatives related to wildlife parks, eco-tourism, biodiversity complexes, and wildlife experience zones. He proposed collaboration to boost eco-tourism in Visakhapatnam and Tirupati. The potential to replicate Singapore’s Garden City and zoo park models in Andhra Pradesh was also explored. The Chief Minister shared plans to develop Dolphin City in Visakhapatnam and a Botanical Garden in Amaravati, expressing his desire for a partnership with Mandai Wildlife Group in these projects. CEO Mike Barclay expressed readiness to invest in these sectors.
Naidu engaged in detailed discussions with Rajeev Kannan, Managing Executive Officer of SMBC, focusing on investment opportunities in industry, infrastructure, green energy, and urban development. Naidu outlined strategic projects such as Drone City, Defence and Civil Aerospace Corridor, planned for Lepakshi and Orvakal regions. The talks also covered financing options for these projects. He sought SMBC’s support for green energy initiatives and industrial corridors, to which Kannan expressed keen interest in infrastructure lending.
In a key meeting with Dinesh Khanna, Joint Head of Portfolio Development and Corporate Strategy, Temasek Holdings, Naidu sought support for the development of MSMEs in AP. Temasek evinced interest to partner with the AP government in promoting MSME development. Naidu underscored the value of collaboration with Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to accelerate progress. Naidu highlighted the wide-ranging opportunities available in Andhra Pradesh across green energy, food processing, healthcare, technology, and sustainable infrastructure. Temasek expressed willingness to explore signing MoUs in these areas.
These discussions underscore the state’s commitment to attracting foreign investment and fostering a conducive environment for business growth. Andhra Pradesh’s strategic location, rich natural resources, and robust infrastructure make it an attractive destination for multinational corporations looking to expand their footprint in India.
Frequently Asked Questions
What sectors is Andhra Pradesh focusing on for investment?
Andhra Pradesh is focusing on sectors such as real estate, eco-tourism, green energy, food processing, healthcare, technology, and sustainable infrastructure.
Which companies did Chief Minister Naidu meet during his visit to Singapore?
Chief Minister Naidu met with representatives from CapitaLand Investment (India), Mandai Wildlife Group, Sumitomo Mitsui Banking Corporation (SMBC), and Temasek Holdings.
What specific projects did Naidu discuss with CapitaLand?
Naidu discussed real estate projects, industrial parks, data centers, green buildings, and digital townships with CapitaLand. He also highlighted the potential to develop IT parks and plug-and-play workstations in cities like Amaravati, Visakhapatnam, and Tirupati.
What is the proposed collaboration between Andhra Pradesh and Mandai Wildlife Group?
Andhra Pradesh and Mandai Wildlife Group are exploring collaboration to boost eco-tourism in Visakhapatnam and Tirupati, including the development of wildlife parks, biodiversity complexes, and wildlife experience zones.
What support did Naidu seek from Temasek Holdings?
Naidu sought support from Temasek Holdings for the development of MSMEs in Andhra Pradesh. Temasek expressed interest in partnering with the AP government in promoting MSME development and exploring signing MoUs in various sectors.
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