Naidu’s Push to Revive Andhra Investments: New Policies, Industrial Clusters, and Green Energy Hub

Andhra Pradesh Chief Minister N. Chandrababu Naidu directed officials to reach out to industrialists and investors who had signed agreements with the state but later abandoned them due to alleged mishandling by the previous YSRCP government. During a review of the Department of Industries, the Chief Minister emphasized that he is willing to personally talk to these industrialists in order to bring them back.

Naidu mentioned that the previous TDP government had signed agreements worth Rs 16 lakh crore between 2014 and 2019, and alleged that the YS Jagan Mohan Reddy-led government had driven them away with its policies. There were concerns raised about land allegedly being diverted for other purposes during the YSRCP regime, including setting aside 1,382 acres of land for welfare house sites.

The CM urged officials to speed up work on ongoing projects and called for the completion of projects worth Rs 1 lakh crore within the year, aiming to employ over 1.3 lakh people. He also instructed officials to come up with five new policies on industries, MSMEs, food processing, electronics, IT and cloud, and textiles within the next 100 days. Naidu stressed that these policies should create a conducive environment to attract investments.

Furthermore, he directed officials to design policies to turn the state into a green hydrogen and green energy hub. He also called for proposals to create four new industrial clusters and procure Central Government approvals, with the clusters potentially being located at Kuppam, Mulapeta, Chilamathuru, and Donakonda or Pamuru. Naidu also discussed the Rs 11,542 crore bulk drug park at Nakkapalli, Rs 60,000 crore NTPC green hydrogen hub, and other initiatives.