Nara Lokesh pitches for heavy investments in AP by Blackstone, Brookfield
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Amaravati: Making a strong pitch for investments in Andhra Pradesh, IT and Electronics Minister and TDP general secretary Nara Lokesh asked top officials of Blackstone and Brookfield Asset Management, who together manage bearly $2 trillion in assets, to explore large-scale investments across urban development, clean energy, data centres and industrial infrastructure.
In a strong signal of Andhra Pradesh’s rising global investment stature, Lokesh, held high-level back-to-back meetings at the World Economic Forum 2026 with leadership of the world’s two largest alternative asset management companies.
Lokesh met Stephen A. Schwarzman, Chairman & CEO of Blackstone, and separately met Connor Teskey, President of Brookfield Asset Management, at Davos. Collectively, the two global institutions manage close to $2 trillion in assets under management, spanning infrastructure, real estate, clean energy, digital platforms, logistics, and transition investing.
During discussions with Blackstone, Lokesh outlined opportunities for Grade-A commercial office spaces, integrated mixed-use urban developments, port-linked industrial and logistics parks, renewable energy, and hyperscale data centres across Visakhapatnam, Amaravati, Rayalaseema, and the CBIC–VCIC industrial corridors.
The conversation focused on leveraging Andhra Pradesh’s fast-growing urban centres, port-led industrialisation strategy, and execution-oriented policy framework to enable large, institution-grade real asset investments.
Blackstone’s global experience across office platforms, logistics parks, mixed-use developments, and digital infrastructure aligns closely with Andhra Pradesh’s ambition to build globally competitive cities and industrial ecosystems anchored in sustainability and scale.
In a separate meeting with Brookfield Asset Management, Minister Lokesh reviewed progress since earlier engagements in London and discussed next steps to accelerate the Andhra Pradesh–Brookfield partnership. Key focus areas included fast-tracking Brookfield’s clean-energy-powered, gigawatt-scale data centre plans in Visakhapatnam, alongside energy storage, solar manufacturing, and green hydrogen pilot projects near the state’s port-led industrial clusters.
The discussions also covered the ongoing large-scale renewable energy deployments in Andhra Pradesh under Evren, the Brookfield–Axis Energy platform, which is executing utility-scale solar and hybrid renewable projects in the state. These investments support Andhra Pradesh’s vision of delivering round-the-clock green power to energy-intensive industries, digital infrastructure, and future hydrogen value chains.
The back-to-back engagement of the world’s largest long-term capital providers at WEF 2026 underscores Andhra Pradesh’s growing momentum, credibility, and readiness to absorb capital at scale.
The State’s focus on speed of execution, policy certainty, port-led growth, and clean-energy depth has positioned it as a natural destination for global investors seeking durable, sustainable returns.
“When the world’s largest long-term capital partners engage Andhra Pradesh in quick succession, it reflects confidence in the state’s scale, governance, and ambition,” Lokesh noted, adding that Andhra Pradesh is committed to building enduring global partnerships that translate into jobs, infrastructure, and inclusive economic growth.
The Davos engagements further reinforce the message that Andhra Pradesh is back on the global investment map—open, decisive, and moving fast.
