‘India no longer a sleeping economy’: Chandrababu Naidu courts investors on Singapore visit

Andhra Pradesh Chief Minister N. Chandrababu Naidu began his Singapore visit connected Monday (June 15, 2026) with a bid of meetings to pull investments, fortify technological collaboration and beforehand entrepreneurship successful the State.

At his archetypal engagement, Mr. Naidu met India’s High Commissioner to Singapore Shilpak Ambule and discussed deepening economical and commercialized ties betwixt Singapore and Andhra Pradesh. Mr. Ambule outlined Singapore’s economical and commercialized narration with India and expressed involvement successful expanding practice with Indian States.

Mr. Naidu urged Singaporean companies to research concern opportunities successful Andhra Pradesh, citing the State’s strengths successful nutrient processing, electronics, semiconductors and quantum technologies. He said the State offered opportunities successful shipbuilding and successful mounting up Maintenance, Repair and Overhaul (MRO) facilities successful civilian aviation. Nearly 2 cardinal acres had been brought nether earthy farming, helium said, and the State’s farmers were producing horticultural products with export potential.

“We are moving towards achieving implicit traceability successful the nutrient sector. Andhra Pradesh is seeking collaboration successful robotics, aesculapian devices, hardware and electronics manufacturing. Our younker are well-positioned to conscionable the endowment requirements of Singapore’s exertion sector,” helium said.

Mr. Naidu credited Prime Minister Narendra Modi for creating an investor-friendly ecosystem done argumentation reforms and streamlined governance. Investments were the cardinal to development, wealthiness instauration and employment, helium said, adding that India had emerged arsenic 1 of the world’s astir charismatic concern destinations. He besides sought greater world collaboration betwixt Singaporean universities and institutions successful Andhra Pradesh.

Mr. Ambule said Singapore was a planetary person successful greenish vigor and semiconductor ecosystems, and assured enactment for facilitating investments and partnerships successful Andhra Pradesh.

Round-table with startups

Later, Mr. Naidu took portion successful a round-table with startup founders and task capitalists, attended by Mr. Ambule, Municipal Administration Minister P. Narayana and task superior investors.

India was nary longer a sleeping system but a rapidly transforming economical powerhouse driven by reforms and innovation, the Chief Minister said. “Under the enactment of Prime Minister Narendra Modi, India is progressing astatine an bonzer pace. Countries similar China took decades to execute their existent level of economical growth, but India is advancing overmuch faster,” helium said.

Mr. Naidu pointed to India’s increasing capabilities successful aesculapian technology, precocious manufacturing, electronics exports and defence production, including the improvement of fifth-generation combatant aircraft, and described the country’s younker colonisation arsenic its top strength.

He outlined Andhra Pradesh’s concern and entrepreneurial policies, including the ‘One Family, One Entrepreneur’ initiative, and said the State was utilizing an innovative land-pooling exemplary for concern projects, akin to the attack adopted for Amaravati. The State had shown its committedness to investments by providing speedy approvals and onshore allotments to companies specified arsenic Google and ArcelorMittal, helium said.

“This is the close clip for investors to found concern projects successful Andhra Pradesh. Industrial hubs specified arsenic Sri City proceed to pull large-scale investments and supply world-class infrastructure,” helium said.

Referring to the Ratan Tata Innovation Hub, Mr. Naidu invited task superior firms to spouse with startups from the ecosystem and backmost them with backing and mentorship. He urged task capitalists to enactment breakthrough innovations and assistance marque Andhra Pradesh a starring startup and exertion destination.