Title: Chandrababu Naidu Unveils Landmark Policies to Transform Andhra Pradesh into an Industrial Powerhouse
Amaravati: In a historic moment for the Telugu states, Chandrababu Naidu has made a significant mark by becoming the first Chief Minister to secure a fourth term, following a sweeping victory in the 2024 polls with the NDA alliance. Committed to making this “Babu 4.0” term impactful for the people of Andhra Pradesh, Naidu is focused on implementing transformative policies aimed at fostering economic growth and job creation.
Today, Naidu’s Cabinet approved six landmark policies designed to position Andhra Pradesh as an industrial powerhouse and fulfill his promise of creating 20 lakh jobs. These initiatives align with his ambitious Vision 2047, which seeks to attract investments, enhance entrepreneurship, and promote clean energy in the state.
The newly approved policies are:
- AP Industrial Development Policy 4.0 (AP IDP 4.0)
- AP MSME & Entrepreneur Development Policy 4.0 (AP MEDP 4.0)
- AP Food Processing Policy 4.0 (AP FPP 4.0)
- AP Electronics Policy 4.0 (AP EP 4.0)
- AP Private Parks Policy 4.0 (AP PPP 4.0)
- AP Integrated Clean Energy Policy 4.0 (AP ICE 4.0)
These policies aim to invigorate the entrepreneurial spirit among the youth, drive job creation, and position Andhra Pradesh as India’s manufacturing hub. Naidu’s administration has also introduced the “One Family, One Entrepreneur” initiative to encourage family-based entrepreneurship, thereby expanding economic opportunities for households across the state.
As part of the Vision 2047 document, set to be released in early November, Naidu aims to attract investments totaling ₹30 lakh crore, further solidifying the state’s economic landscape. Key to this vision is the establishment of Ratan Tata Innovation Hubs in Amaravati and four additional zones across Andhra Pradesh, which will serve as the nucleus for the ongoing skill census drive.
Chandrababu Naidu’s proactive approach and ambitious policies reflect his commitment to transforming Andhra Pradesh into a leading investment and manufacturing destination, ensuring a prosperous future for its residents.
