PM Modi Launches Development Projects in Visakhapatnam, Promotes Green Hydrogen Hub
Key Ideas
  • PM Modi commits to developing Andhra Pradesh into a prosperous state, launching projects worth over Rs 2 lakh crore in Visakhapatnam.
  • Emphasis on achieving a $2.5 trillion economy by 2047, with the Centre prioritizing the state in various schemes.
  • PM Modi lays foundation for green hydrogen hub in Visakhapatnam, part of the National Green Hydrogen Mission with a target of 5 million tonne production by 2030.
  • Focus on infrastructure, manufacturing, urbanization, railway connectivity, blue economy, and investment to elevate Andhra Pradesh's development and economic growth.
Prime Minister Narendra Modi visited Visakhapatnam and addressed a public meeting, highlighting the commitment to developing Andhra Pradesh into a prosperous state. He launched projects worth over Rs 2 lakh crore, aiming to boost the state's economy towards a $2.5 trillion target by 2047. PM Modi laid the foundation for a green hydrogen hub in Visakhapatnam, aligned with the National Green Hydrogen Mission's goal of 5 million tonne production by 2030. He envisioned the state as a hub for new technologies, emphasizing green hydrogen as an emerging field. Additionally, the PM inaugurated a bulk drug park and discussed plans for urbanization, industrial areas like KRIS City in Tirupati, and manufacturing growth. The initiatives also included railway connectivity projects, infrastructure development, and promoting the blue economy in Visakhapatnam. PM Modi's focus on enhancing ease of doing business, connectivity, and investment is expected to elevate Andhra Pradesh's position in manufacturing and industrial production, attracting new opportunities and driving economic growth. The projects launched aim to create job opportunities, boost research, and enhance the overall economic landscape of the state.
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