Emphasising Andhra Pradesh’s abundant natural resources, strategic location, and reform-driven governance, Naidu urged global companies to become key partners in its growth story
Published Jul 30, 2025 | 9:16 PM ⚊ Updated Jul 30, 2025 | 9:16 PM
Chandrababu Naidu showcases Andhra’s investment potential on final day of Singapore visit
On the final day of his official tour to Singapore, Andhra Pradesh Chief Minister N. Chandrababu Naidu held a series of high-level meetings with top multinational corporations and banking institutions, inviting them to seize investment opportunities across the state. Emphasising Andhra Pradesh’s abundant natural resources, strategic location, and reform-driven governance, Naidu urged global companies to become key partners in its growth story.
In focused discussions with representatives from CapitaLand Investment (India), Mandai Wildlife Group, Sumitomo Mitsui Banking Corporation (SMBC), and Temasek Holdings, the Chief Minister outlined a comprehensive development roadmap and invited participation in major infrastructure and industrial projects.
During talks with CapitaLand Investment’s Sanjeev Das Gupta and Gaurishankar Nagabhushan, discussions centred on real estate, IT parks, industrial zones, and digital townships in cities like Visakhapatnam, Amaravati, and Tirupati. Naidu also introduced plans for an Airport Economic Corridor linking Hyderabad, Bengaluru, Amaravati, and Chennai. The CapitaLand team, which has already invested in 30–35% of Hyderabad’s IT parks, expressed strong interest in expanding into Andhra Pradesh.
In a separate meeting with Mandai Wildlife Group, CEO Mike Barclay responded positively to Naidu’s proposal for eco-tourism collaborations in Visakhapatnam and Tirupati. Plans to develop a ‘Dolphin City’ and a Botanical Garden in Amaravati drew interest, with the Singapore-based group exploring replication of their successful zoo and garden models in Andhra Pradesh.
At a meeting with Sumitomo Mitsui Banking Corporation (SMBC), CM Naidu discussed industrial financing, urban development, and green energy. He pitched the Drone City, Defence Corridor, and Civil Aerospace Corridor projects at Lepakshi and Orvakallu, seeking support from SMBC for infrastructure and clean energy financing. SMBC’s Rajeev Kannan welcomed the proposals, expressing interest in energy and industrial lending.
In his interaction with Temasek Holdings’ Dinesh Khanna, Naidu sought investment in MSMEs, infrastructure, and joint venture initiatives through the Andhra Pradesh Industrial Infrastructure Corporation (APIIC). Temasek showed strong interest in supporting MSMEs and expressed openness to signing MoUs in key sectors like healthcare, green energy, and sustainable development.
Throughout the meetings, Naidu reiterated his government’s focus on inclusive growth, clean energy, and digital transformation. Ministers Dr. P. Narayana, T.G. Bharat, and senior government officials participated in the discussions, further underlining the state’s commitment to fast-tracking investment partnerships and industrial expansion.
