Andhra Pradesh, located on the southeastern coast of the country, is India’s Sunrise State and the gateway to the east.
The Andhra Pradesh government allocated Rs. 31,256.36 crore (US$ 4.29 billion) for various agriculture related schemes for the year 2021-22.
The state’s export of marine products increased to US$ 1,932.43 million in 2018-19 and reached US$ 2,193.25 million in 2019-20 (till February 2020).
Andhra Pradesh is one of the largest producers of brackish water shrimps and freshwater prawns.
As of April 2020, the state had 1,532 primary health centres, 7,459 sub-centres, 47 sub-district hospitals and 26 district hospitals.
In September 2020, The Andhra Pradesh government issued the ‘AP Tourism Trade (Registration and Facilitation) Guidelines, 2020’ to position the state as a premier tourist destination by improving the standard of services.
Government plans to set up AP Green Energy Corporation with a mandate to install 8,000 MW to 10,000 MW of dedicated solar power capacity.
2nd
largest producer of cotton, silk among Indian states.
974 km
of coastline dotted by ports and fishing harbours.
Largest
producer of fruits and oil palm in India.
1mn
acres of land bank prepared by the state for allotment.
5th
in the country in terms of solar power potential.
Top 3
in pharmaceutical exports from +200 pharma units
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Here are the leading sectors with opportunities for foreign investors
TCL has set up manufacturing operations in the state.
ISUZU Motors runs a new manufacturing plant in Sri City.
Gamesa operates a blade and nacelle (for wind turbines) manufacturing facility at Nellore
Kellogg's India opened its second plant in Andhra Pradesh.
coming up at Vizianagaram, Nellore, and Kurnool (Greenfield)
has identified Visakhapatnam, Tirupati, Amaravati and Kakinada
connecting Visakhapatnam with Chennai covers 11 districts in AP
for civilian, defence manufacturing at Anantapur, Nellore, Chittoor
15 million tonne/annum refining and petrochem capacity in Kakinada
Asia’s 1st Medical Devices Park, Mega Life Sciences Park in Visakhapatnam
Asian Infrastructure Investment Bank (AIIB) and Indian government signed US$455m loan to improve road connectivity
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments