A.P. has become preferred destination for investors, says Bharath

Industries and Commerce Minister T.G. Bharath said Andhra Pradesh has become a preferred destination for investments among all the States in the country.

Referring to the report released by the Bank of Baroda which stated that Andhra Pradesh captured a remarkable 25.30% of all proposed investments in the first nine months of Financial Year 2026, Mr. Bharath attributed it to the strong and efficient leadership of Chief Minister N Chandrababu Naidu and Minister for IT Nara Lokesh. “As promised, the State government is striving hard to provide jobs to 20 lakh youth of the State. We are working hard to get investments to the State right from the day one of assuming power,” he said.

“Brand CBN (Chandrababu Naidu) is attracting investors to invest in the State. While the policies of the previous government have left the investors terrified to invest in the State, our government has instilled trust among the investors to look towards the State,” the Minister said. He said the recent CII Partnership Summit had attracted ₹13 lakh crore investments to the State and they are working towards grounding of these investment proposals.

Mr. Bharath highlighted that Mr. Lokesh was instrumental in bringing ArcelorMittal Nippon Steel invest ₹1.35 lakh crore in the State. “The announcement of Google to invest in the State had made all the investors to look towards A.P.,” he said and added the incorporation of Best Policies and the Speed of Doing Business has made possible easy permissions to the investors to invest. “Mr Chandrababu Naidu is developing all the regions equally and is balancing development as well as welfare,” he said and added all the poll promises were being implemented by the government.