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NRIPage | Articles | CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal | Get General Articles. Stay Informed on a World of Topics - NRI Page
In recent months, CM Chandrababu Naidu has focused on driving investment into Andhra Pradesh, engaging with global entities such as the World Bank and Brookfield Corporation, and exploring opportunities in EV and alternative energy sectors. His latest push involves a significant meeting with Godrej Industries, where he discussed a potential Rs 2800 crore investment for pesticide manufacturing in Amaravati and Visakhapatnam.
Naidu’s discussions with Godrej, led by Chairman & MD Nadir Godrej, also extended to various sectors including agriculture, aquaculture, and real estate, aiming to strengthen Andhra Pradesh’s economic infrastructure. This move is part of Naidu's broader strategy to enhance the state's reputation as a safe and lucrative business destination.
In parallel, Naidu’s son, Nara Lokesh, has been engaging with representatives from Foxconn, indicating a concerted effort by the father-son duo to revitalize Andhra Pradesh’s economy. Their proactive approach underscores a strategic push to attract major investments and boost the state’s economic prospects from the onset of their political tenure.
