Mumbai : New Andhra would focus on coastline for development unlike the former united state that relied on IT, said N. Chandrababu Naidu, Chief Minister of Andhra Pradesh. He was speaking here at the Andhra Pradesh investment forum during ‘Make in India’ week on Tuesday.
He also stated that the newly formed state of Andhra Pradesh ranked Number 2 in a poll on ease of doing business, and added that the state strives to be Number 1 by next year.
Batting for the GST regime, Naidu said, “GST will have a tremendous impact on every industry and also in terms of ‘ease of doing business’. Even VAT was opposed initially but it has had a positive impact on our economy,” he said.
Naidu shared updates of land acquisition in his state. “We are a new state and do not even have the capital to purchase land. So, we called for land from farmers via pooling and farmers gave us 33,000 acres voluntarily. Out of this, we gave back 25-30% after development for residential purposes,” he said.
The state has six operational ports and comes second in sea cargo after Gujarat. Naidu said that every industry has an opportunity to invest in the state starting from technology to agriculture.
“Our biggest advantage is that we have a large coastline of 970 km. We have also linked two of our biggest rivers Godavari and Krishna and trying to make the state drought-free. We are also using electrical poles to augment internet connectivity and by June-July every home can be connected by broadband,” he said.
In the ‘Investment Summit’ held in January 2016, Andhra Pradesh signed MoUs worth Rs 4.78 lakh crore with participation from 40 countries, he said. “Two out of 25 best cities of the country are from AP. Out of every four IIT students one is from AP,” he said while showcasing the strength of human resources of the state.