Vice-President CP Radhakrishnan

VISAKHAPATNAM: Vice-President CP Radhakrishnan on Friday praised Andhra Pradesh’s development under Chief Minister N. Chandrababu Naidu, saying the state had attracted 714 investment projects worth more than ₹22 lakh crore since June 2024.

Addressing the valedictory session of the 31st CII partnership summit, he said the state’s Swarna Andhra 2047 vision was aligned with Prime Minister Narendra Modi’s Viksit Bharat 2047 goal. Investments in green energy, artificial intelligence, semiconductors, quantum technology, ports, aerospace and advanced manufacturing were helping position AP as an industrial and innovation hub, he said.

Referring to the summit’s theme, Navigating the New World Order – Trade, Technology and Trust, Radhakrishnan said the global economy was hit by geopolitical uncertainty, technological disruption, climate change and shifting supply chains. Such uncertainty also created opportunities for countries capable of adapting, innovating and building trusted partnerships.

He said India was aiming to be a developed-nation by 2047, backed by its economic strength, skilled youth, entrepreneurial ecosystem and expanding manufacturing and services sectors. India aimed not only to participate in the emerging global order but also to help shape it, he said.

The vice-president highlighted the potential of artificial intelligence, semiconductors, quantum computing, biotechnology, advanced manufacturing and digital platforms. Atmanirbhar Bharat, he said, would strengthen domestic capabilities and competitiveness while deepening India’s integration with global markets.

He said achieving Viksit Bharat 2047 required the participation of industry, academia, entrepreneurs, youth and international partners, and not governments alone. He urged stakeholders to move “from dialogue to action, from opportunity to achievement, and from partnership to shared prosperity,” and thanked delegates and institutions for contributing to the summit.

Governor S. Abdul Nazeer, Chief Minister Chandrababu Naidu, Union ministers Pralhad Joshi and Ram Mohan Naidu, state ministers Nara Lokesh and T.G. Bharath, CII director general Chandrajit Banerjee and CII president-designate Suchitra Ella were present.


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