CM Naidu Outlines Vision for Andhra Pradesh’s Economic Growth

20 Jan 2025 CW Team

During a PowerPoint presentation at the state Secretariat, Naidu emphasised the goal of transforming Andhra Pradesh into a $2.4 trillion economy with a per capita income of $42,000 by 2047. Stressing inclusive development, he stated, “We are committed to building a prosperous Andhra Pradesh, focusing on empowerment and development for all citizens.”

Criticising the previous government, Naidu blamed policies like the “three capitals” plan for halting progress in Amaravati and neglecting the Polavaram project. “No one dared to invest in the state due to the poor governance earlier,” he remarked.

Naidu highlighted his administration’s focus on wealth creation through development, emphasising the role of IT and economic reforms in driving growth. “When I introduced IT in 1995, people mocked me. Today, it has elevated Telugus to the top income-earning group globally,” he said, adding that his Swarnandhra Vision-2047 includes ten key policies, with zero poverty as a priority.

The Chief Minister announced that over Rs 4 trillion in investments have been secured since his government took office. Projects like the Amaravati development, Polavaram completion, and interlinking of the Godavari and Pennar rivers are underway, with a focus on making farming more profitable.

To further modernise governance, Naidu revealed the launch of “WhatsApp governance” on January 18, enabling corruption-free services and enhancing welfare pension schemes. He also praised infrastructure improvements, stating that newly constructed pothole-free roads have delighted Sankranti travelers.

Naidu concluded by pledging to achieve a 15% growth rate and implement second-generation economic reforms to position Andhra Pradesh and its people at the forefront of global progress.

(Deccan Chronicle)

Andhra Pradesh Chief Minister N. Chandrababu Naidu has reiterated his commitment to tackling economic inequality and raising the financial status of the poor while outlining his ambitious vision for the state’s future. During a PowerPoint presentation at the state Secretariat, Naidu emphasised the goal of transforming Andhra Pradesh into a $2.4 trillion economy with a per capita income of $42,000 by 2047. Stressing inclusive development, he stated, “We are committed to building a prosperous Andhra Pradesh, focusing on empowerment and development for all citizens.” Criticising the previous government, Naidu blamed policies like the “three capitals” plan for halting progress in Amaravati and neglecting the Polavaram project. “No one dared to invest in the state due to the poor governance earlier,” he remarked. Naidu highlighted his administration’s focus on wealth creation through development, emphasising the role of IT and economic reforms in driving growth. “When I introduced IT in 1995, people mocked me. Today, it has elevated Telugus to the top income-earning group globally,” he said, adding that his Swarnandhra Vision-2047 includes ten key policies, with zero poverty as a priority. The Chief Minister announced that over Rs 4 trillion in investments have been secured since his government took office. Projects like the Amaravati development, Polavaram completion, and interlinking of the Godavari and Pennar rivers are underway, with a focus on making farming more profitable. To further modernise governance, Naidu revealed the launch of “WhatsApp governance” on January 18, enabling corruption-free services and enhancing welfare pension schemes. He also praised infrastructure improvements, stating that newly constructed pothole-free roads have delighted Sankranti travelers. Naidu concluded by pledging to achieve a 15% growth rate and implement second-generation economic reforms to position Andhra Pradesh and its people at the forefront of global progress. (Deccan Chronicle)

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..