AP Showcases Investor-Friendly Policies at Business Expo 2025

Vijayawada: Andhra Pradesh is emerging as the most favourable destination for industrial investments. Entrepreneurs must seize this opportunity and set up their units across the state, said Information and Public Relations Minister Kolusu Parthasarathy.

Inaugurating the AP Chambers Business Expo 2025 at Vijayawada on Friday, Parthasarathy underlined that the state government is committed to giving single-window approvals to industries within 21 days under its Speed of Business approach.

He underlined that the government, under the leadership of Chief Minister N. Chandrababu Naidu, has created a transparent, investor-centric ecosystem that strengthens confidence and accelerates industrial growth. The primary objective, he said, is to attract large investments and generate lakhs of employment opportunities for the youth.

The minister pointed out that Andhra Pradesh is set to become the first state in India to establish a quantum computer, marking a path-breaking in the country’s technological advancement. Preparatory work for the initiative has already begun with funds from the centre’s Rs 1 lakh-crore allocation for Quantum computers.

He underlined that the state government has introduced a historic Escrow Account mechanism to ensure timely release of incentives for new industries, thereby avoiding delays that plagued industries in the past—an initiative no other state has adopted. This system ensures that industries receive their benefits promptly, ensuring that there is no financial strain on them.

Parthasarathy highlighted AP’s industrial policies across sectors, such as food processing, electronic components, IT, quantum technology and infrastructure. With 972 km of coastline, fertile land and abundant skilled manpower, the state remains a preferred investment hub, he underlined. He urged investors to explore potential in food processing and tourism, especially in the Nuzvid region.

Those present at the function included AP Pollution Control Board chairman P. Krishnayya, MSME Development Corporation chairman Tammireddy Siva Shankara Rao, AP Chambers’ president Potluri Bhaskara Rao, and executive vice-chairman B. Rajasekhar.

With 150-plus stalls, the expo features sectors ranging from banking and automobiles to solar panels, tourism and construction technologies. The minister visited the stalls and interacted with the exhibitors.