'Swarna Andhra Pradesh': Chandrababu Naidu Unveils $2.4-Trillion Vision For 2047

Andhra Pradesh is gearing up for an economic transformation with the launch of the Swarna Andhra Pradesh @2047 vision, which aims to grow the state's economy from $174 billion in 2023-24 to $2.4 trillion by 2047.

An analysis identified 15 top-performing districts, including Visakhapatnam, NTR, Tirupati, Krishna and Eluru, that currently account for 72% of the state's economy. These districts are expected to contribute $1.7 trillion by 2047, and plans for each include tailored growth levers such as:

• Visakhapatnam: Blue economy, data centres, marine product processing.

• Tirupati: AI solutions, robotics, and consumer electronics.

• Krishna: Port-linked growth, tourism, and petrochemicals.

• Guntur: Agro-processing and med-tech innovation.

• Ananthapuramu & Sri Sathyasai: Clean energy, EVs, and spiritual tourism.

The report emphasises a strong reform push across these key enablers:

• Ease & Speed of Doing Business: The state aims to restore investor confidence through digitised approvals, legislative protection for past incentives, and a monitoring cell to track policy execution.

• Infrastructure: Plans include multimodal logistics parks in Visakhapatnam and Ananthapuramu, integrated industrial parks, dry ports, freight corridors, and EV charging infrastructure. The Amaravati Ring Road has been identified as a fast-track priority project.

• Skills & Education: Sector-specific skilling policies, industry-academia collaboration, AI-enabled training tools, and rural innovation centres are proposed to prepare a future-ready workforce.

• MSME Support: With over 8.6 lakh MSMEs, the state plans to improve access to credit, support R&D and digital marketing, and streamline land allocation for cluster development.