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New Indian Express
2 days ago
- Business
- New Indian Express
CM Naidu meets Indian envoy in Singapore; pitches AP as hub for green energy, defence, tech
VIJAYAWADA: During his official visit to Singapore, Chief Minister N Chandrababu Naidu met Indian High Commissioner Shilpak Ambule and showcased the State's potential as a prime investment destination. Naidu highlighted opportunities in defence, electronics, aerospace, ports, and green energy, supported by progressive policies aimed at attracting Singapore-based firms. The Indian High Commissioner praised the 'CBN Brand' for its strong reputation within Singapore's government and industrial circles. He briefed Naidu on Singapore's achievements in public policy, healthcare, green hydrogen, aviation, semiconductors, and industrial development, and noted that Singaporean companies are keen to explore investment in Andhra Pradesh. He elaborated on Andhra Pradesh's investor-friendly policies and outlined plans to generate 160 gigawatts of green energy. Key green hydrogen projects are underway in Visakhapatnam (with NTPC) and Kakinada, while India's first Quantum Valley is being developed in Amaravati. Naidu announced that Google is establishing a data centre in Visakhapatnam and positioned Rayalaseema as an emerging hub for defence, aerospace, electronics, and automobile industries. Ambule noted that 83% of Singapore's population benefits from public housing, prompting Minister P Narayana to present Andhra Pradesh's housing initiatives. IT Minister Nara Lokesh highlighted reforms in the education sector and the State's readiness to host new prestigious institutions. Ambule emphasised a growing demand for tech professionals from Andhra Pradesh in Southeast Asia and said Singapore is emerging as a hub for Indian students and skilled workers. He assured continued support from the Indian High Commission in strengthening bilateral cooperation. Singaporean firms, including STT, Keppel, CapitaLand, Equinix, and PSA are exploring investment opportunities in Andhra Pradesh across semiconductors, electronics, ports, shipbuilding, pharmaceuticals, and data centres, he noted. Discussions also touched on potential collaborations in AI, startups, medical devices, and academic partnerships between institutions in Singapore and Andhra Pradesh. Ministers Nara Lokesh, P Narayana, TG Bharath, and senior state officials were present at the meeting.
Hans India
2 days ago
- Business
- Hans India
AP fast emerging as best investment destination: CM
Singapore: Chief Minister Chandrababu Naidu, who chose to go to Singapore professedly to rebuild ties that he believes had strained under the previous administration, has positioned the state as a burgeoning investment destination, citing abundant opportunities in key sectors like ports and green energy. During his ongoing official visit to Singapore, he affirmed that the state was actively implementing progressive policies designed to attract Singaporean enterprises. On Sunday, Chief Minister Naidu met with Shilpak Ambule, the Indian High Commissioner to Singapore, with whom the discussions centered on strengthening economic ties and exploring investment avenues. High Commissioner Ambule underscored the significant recognition and respect the 'CBN Brand' commanded within Singapore's government and industrial sectors. Chief Minister Naidu, recalling the earlier collaboration on the Amaravati capital city project, acknowledged Singapore's withdrawal between 2019 and 2024 due to unforeseen developments. He stated that a key objective of his current visit was to address past misunderstandings and rebuild the narrative through renewed engagement. The Chief Minister detailed Andhra Pradesh's newly introduced investment policies, reiterating the state's ambitious goal of achieving 160 gigawatt of green energy generation. He informed the High Commissioner that green hydrogen projects are already underway in Visakhapatnam (in partnership with NTPC) and Kakinada. Solidifying the state's technological aspirations, CM Naidu announced that Andhra Pradesh was set to establish India's first-ever Quantum Valley in Amaravati under the India Quantum Mission. He also confirmed that global tech giant Google was setting up a data center in Visakhapatnam. Highlighting the state's industrial potential, CM Naidu pointed out that regions like Rayalaseema offered highly conducive conditions for the establishment of defence, aerospace, electronics, and automobile manufacturing units. He expressed his view that Andhra Pradesh could serve as a strategic gateway for Singaporean investments into India and sought support to facilitate this. High Commissioner Ambule also noted that 83% of Singapore's population benefited from public housing projects. In response, Minister P. Narayana provided an overview of Andhra Pradesh's housing initiatives. The meeting also focused on collaboration in fields such as Artificial Intelligence, startups, medical device research, and academic partnerships between universities in Andhra Pradesh and Singapore. Ministers Nara Lokesh and TG Bharat, along with senior government officials from Andhra Pradesh, were present during the discussions.
The Hindu
3 days ago
- Business
- The Hindu
Chandrababu Naidu's Singapore visit strengthens investment prospects for Andhra Pradesh
In a significant step toward deepening international partnerships and boosting foreign investments, Andhra Pradesh Chief Minister N. Chandrababu Naidu met Indian High Commissioner to Singapore Shilpak Ambule on the first day of his official visit. The discussions centered on transformative opportunities across sectors such as defence, electronics, aerospace, green energy, and quantum technologies. During the high-level meeting, Mr. Ambule lauded the stature of the 'CBN Brand' in Singapore's diplomatic and industrial circles, underscoring the respect and recognition it commands. He noted the alignment between Andhra Pradesh's development goals and Singapore's strategic strengths, expressing optimism about the potential for robust bilateral cooperation. Mr. Naidu emphasised that Andhra Pradesh is rapidly emerging as a premier investment destination, backed by forward-looking policies and sector-specific incentives. He highlighted that the State was implementing a range of investor-friendly reforms aimed at attracting companies from Singapore and beyond, particularly in the areas of ports, renewable energy, and industrial corridors. Referring to past collaboration on the Amaravati capital city project, Mr. Naidu acknowledged the setback experienced during 2019–2024 but reiterated his commitment to reviving and strengthening ties. 'This visit is an opportunity to clear misunderstandings, reestablish trust, and forge a renewed vision for development,' he remarked. The Chief Minister outlined Andhra Pradesh's ambitious goal to generate 160 gigawatts of green energy. He revealed that green hydrogen projects have already commenced in Visakhapatnam in collaboration with NTPC, and another is underway in Kakinada. Additionally, he shared plans for India's first Quantum Valley in Amaravati under the India Quantum Mission, reinforcing the State's commitment to futuristic innovation. Mr. Naidu also announced that Google is establishing a state-of-the-art data center in Visakhapatnam, signaling growing confidence among global tech giants in the State's infrastructure and talent ecosystem. Highlighting the strategic importance of regions like Rayalaseema, he invited Singaporean firms to invest in high-potential sectors such as defence manufacturing, aerospace, electronics, and automobiles. 'Andhra Pradesh can become the gateway for Singapore's investments into India,' Naidu asserted. Mr. Ambule emphasized the demand for technology professionals from Andhra Pradesh in Singapore and across Southeast Asia. He noted that Singapore, like the U.S., is fast emerging as a key destination for Indian students and skilled workers. The High Commission, he added, is actively working to enhance mobility and collaboration in this area. The meeting also explored joint opportunities in semiconductors, shipbuilding, pharmaceuticals, AI, startups, and academic partnerships between universities in AP and Singapore. Singaporean majors such as STT, Keppel, CapitaLand, Equinix, and PSA are reportedly exploring investment avenues in the State. Urban Development Minister P. Narayana briefed the delegation on housing initiatives in Andhra Pradesh, responding to Mr. Ambule's observation that 83% of Singaporeans benefit from public housing schemes. Minister for IT and Education Nara Lokesh outlined reforms in the education sector and the State's readiness to host world-class academic institutions. Ministers Mr. Lokesh, Mr. Narayana, and T.G. Bharat, along with senior officials from the Andhra Pradesh government, participated in the discussions. With Day 1 of the visit focused on rebuilding strategic trust and showcasing AP's economic potential, CM Naidu's outreach in Singapore sets a confident tone for the days ahead.
Hans India
3 days ago
- Business
- Hans India
Chief Minister Chandrababu Naidu Meets Indian High Commissioner in Singapore
Singaporean Companies Express Interest in Investing in Andhra Pradesh Singapore:Chief Minister Chandrababu Naidu has emphasized that Andhra Pradesh offers abundant opportunities for investment across multiple sectors, including ports and green energy. He noted that progressive policies are currently being implemented to facilitate investments from Singapore-based enterprises. As part of his official visit to Singapore, CM Chandrababu Naidu met Shilpak Ambule, the Indian High Commissioner to Singapore. During the meeting, the High Commissioner highlighted the significant recognition and respect that the 'CBN Brand' commands within Singapore's government and industrial sectors. Ambule shared insights into Singapore's achievements in diverse areas, its robust economic growth, and the effective public policies being implemented there. He also outlined the contributions and presence of the Indian community in Singapore. He briefed CM Chandrababu Naidu on the strategies being adopted in Singapore across key sectors such as healthcare, green hydrogen, aviation, semiconductors, ports, and industrial development. He further emphasized the strong diplomatic and economic relationship between India and Singapore, noting that Singaporean firms are particularly interested in exploring investment opportunities in Andhra Pradesh.
