Andhra Pradesh's Ambitious Economic Vision Unveiled in Visakhapatnam
Key Ideas
  • Prime Minister Modi launches projects worth ₹2 lakh crore in Visakhapatnam, including the country’s first Green Hydrogen Hub under National Green Hydrogen Mission.
  • Andhra Pradesh aims to become a nearly $2.5 trillion economy by 2047, with a focus on futuristic technologies and manufacturing infrastructure.
  • Modi emphasizes inclusive development, praises CM Naidu's leadership, and commits to supporting Andhra Pradesh's aspirations and growth.
  • The event highlights collaboration between the Centre and the state, with a vision to elevate Andhra Pradesh's industrial ecosystem and economic landscape.
During his visit to Visakhapatnam, Prime Minister Narendra Modi laid the foundation stone and launched projects worth ₹2 lakh crore, including the country's first Green Hydrogen Hub under the National Green Hydrogen Mission. The PM expressed commitment to work with Andhra Pradesh in realizing its vision of becoming a nearly $2.5 trillion economy by 2047, emphasizing the state's potential in new futuristic technologies. As part of the 'Swarna Andhra@2047' initiative, the Chandrababu Naidu government aims to transform Andhra Pradesh into a $2.4-trillion economy by 2047, with a strong focus on industrial growth and infrastructure development. Modi also inaugurated a bulk drug park and the Krishnapatnam Industrial Area, highlighting the state's integration into the Chennai-Bengaluru Industrial Corridor. The establishment of the South Coast Railway Zone was another milestone, aimed at expanding agricultural and trade activities in the region. The event showcased the government's commitment to inclusive development and collaboration between the Centre and the state, with a shared goal of elevating Andhra Pradesh's economic landscape. Modi praised CM Naidu's leadership and shared confidence in achieving collective developmental goals, while Naidu envisioned Visakhapatnam as the financial capital of the state and invited Modi to Amaravati. Deputy CM Pawan Kalyan credited Modi for India's economic progress and extended support to Andhra Pradesh's development. The roadshow reflected unity among key political allies and a shared vision for regional growth.
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