At the Davos summit, Chandrababu Naidu will meet over 50 diplomats and global leaders to discuss investment opportunities in Andhra Pradesh. IT Minister Nara Lokesh aims to attract IT and education investments through one-on-one meetings with 30 industrialists
Published Jan 19, 2025 | 12:41 PM ⚊ Updated Jan 19, 2025 | 12:41 PM
Andhra Pradesh CM Chandrababu Naidu
Chief Minister Chandrababu Naidu will attend the World Economic Forum (WEF) Summit in Davos from 20 to 24 January. The chief minister is keen on using the occasion to land investments for Andhra Pradesh.
The Andhra Pradesh government has approved the delegation’s participation in the WEF Summit. It has allocated ₹15.98 crores from the Industries Department’s budget for setting up a pavilion, accommodation, and travel. The Economic Development Board (EDB) has been appointed as the nodal agency to coordinate the visit.
The government has also directed consultations with various departments to ensure the state’s representation at the summit is impactful. The CII (Confederation of Indian Industry) has been approved as a partner organisation for the delegation. Andhra Pradesh plans to leverage the WEF platform to promote investment opportunities across key sectors such as infrastructure, agriculture, manufacturing, and IT.
During the Davos summit, Chandrababu Naidu will meet with over 50 diplomats, industrialists, and global leaders to discuss investment opportunities in Andhra Pradesh. IT and Electronics Minister Nara Lokesh is focused on attracting large investments in IT and education. Lokesh will hold one-on-one meetings with more than 30 prominent industrialists at the Andhra Pradesh pavilion.
Additionally, the minister will engage with global education experts to explore transformative trends in education, the impact of artificial intelligence (AI) on the modern world, and gender equality. Lokesh will also participate in a roundtable discussion with representatives from Google and NVIDIA on establishing an AI university in Andhra Pradesh.
The Chief Minister is expected to highlight the investment potential and unique advantages of Andhra Pradesh to prospective investors. Specific areas of focus include the newly announced industrial policies, enhanced facilities, and opportunities for global players.
As per guidelines from the central government, only ministers and senior officials will be part of the delegation. Alongside Chandrababu Naidu, Nara Lokesh, and TG Bharat, senior officials will travel to Davos to present Andhra Pradesh’s investment potential.
India has been allotted five keynote speaker slots at the global economic summit. Chandrababu Naidu will address three sessions, while Lokesh will speak at two sessions. Both the leaders have received “White Passes” from the WEF, granting them exclusive access to the summit’s discussions. Their focus will be on clean energy, food processing, IT, and other critical sectors to attract investments.
The state aims to use this global platform to showcase recent major projects and secure maximum investment benefits for Andhra Pradesh. By emphasizing the state’s strengths and accomplishments, the government hopes to attract global attention and investments.
During his earlier tenure as Chief Minister, Chandrababu Naidu attended multiple Davos summits and successfully brought significant investments to Andhra Pradesh. This visit is expected to further boost the state’s prospects on the global stage.
(Edited by Ananya Rao)
