Naidu & Co returns after promoting Brand AP at WEF
Attends 36 meetings, interacts with several global industry giants
Through various meetings in the last three days, the State’s achievements in key sectors such as green energy, technology, artificial intelligence, agriculture, and tourism were effectively presented
Amaravati: Chief Minister N Chandrababu Naidu and the team led by him from Andhra Pradesh returned to the State capital on Friday after having business-like sessions with several industry bigwigs and promoting Brand AP at the just-concluded annual conclave of World Economic Forum at Davos in Switzerland.
The team comprising Naidu, IT and Education Minister Nara Lokesh, Industries Minister TG Bharath and others received significant investment promises including $10 billion partnership with RMZ Corp to establish a data center, a Global Capability Center and digital infrastructure in Visakhapatnam, an industrial park for Israeli firms. The team also reviewed the progress of $16 billion investment on a steel plant by ArcelorMittal-Nippon Steel (AMNS) at Nakkapalli in Anakapalle district. In a post on X, Lokesh said France IT giant Capgemini is in talks with the Government of Andhra Pradesh to establish a campus in Visakhapatnam, A few months ago, Capgemini also acquired WNS Global Services, which has a huge BPM facility in Visakhapatnam.
Naidu stated that the Davos World Economic Forum platform was useful to understand the changing trends in the global industrial sector and the perspectives of industrial giants worldwide. He said the visit is more useful to promote branding of Andhra Pradesh on a global platform.
The Chief Minister revealed that, as a result of discussions during the 2025 Davos visit Andhra Pradesh attracted investments worth Rs 2.50 lakh crore. During the Davos summit, Tata Sons Chairman N Chandrasekaran met Chief Minister Naidu and enquired about Davos visit outcomes. Responding to this, the Chief Minister explained that through various meetings in the last three days, the State’s achievements in key sectors such as green energy, technology, artificial intelligence, agriculture, and tourism were effectively presented.
The Chief Minister said that now global corporate giants are showing increased interest in India. He expressed the view that due to youth power, effective leadership, and investor-friendly policies, opportunities for establishing companies across all sectors in India have increased significantly.
On this occasion, Chandrasekaran shared the views of global industry leaders across various sectors and his own experiences. Discussions were held on the progress of the TCS Development Centre in Visakhapatnam, the proposed Quantum Valley in Amaravati, and the solar power projects proposed in Kurnool.
The Chief Minister urged the Tata Group to expedite the tourism projects being undertaken in the State and asked Tata Group to explore investment opportunities in this sector. Chandrasekaran assured full cooperation for completion of the projects launched by Tata Group.
During the four-day Davos visit, the Chief Minister attended over 36 meetings and participated in three meetings with representatives from Israel, the UAE, and Switzerland. At the World Economic Forum venue, the Chief Minister met 16 global industrial leaders, including Arcelor Mittal Chairman Lakshmi Mittal, Google Cloud CEO Thomas Kurian, and IBM CEO Arvind Krishna.
