Latest news with #CIIPartnershipSummit
New Indian Express
31-05-2025
- Business
- New Indian Express
Trust ‘Brand CBN' & invest in AP: CM Chandrababu Naidu
VIJAYAWADA: Chief Minister N Chandrababu Naidu, who is keen to transform the State into a $2.4 trillion economy by 2047, has invited industry leaders to participate in the Swarna Andhra Vision 2047. Addressing the annual Business Summit 2025 of the CII in New Delhi on Friday, the CM called for deeper collaboration in innovation, infrastructure, and inclusive growth. 'Entrepreneurs generate wealth, and with it, we can implement impactful welfare programs,' he said. Recalling the CII Partnership Summit held in Hyderabad, 'it brought immense visibility and investment. I seek your support to bring investments to Andhra Pradesh.' The CM emphasized that industrialists can trust his leadership, stating, 'CBN is a tested Brand with a proven track record.' He urged them to leverage this credibility to grow their businesses in AP.' 'The economic reforms initiated by former PM PV Narasimha Rao changed India forever. Today, many of the world's top achievers are Indians and about 30% of them are Telugus. India is poised to serve the global community for centuries to come. The world is moving forward rapidly with developments in AI, quantum computing. If real-time data can be harnessed effectively, India, with its pool of outstanding entrepreneurs, can lead this revolution,' Naidu said.
Hans India
31-05-2025
- Business
- Hans India
Naidu unveils vision to make AP $2.4-tn economy by 2047
New Delhi: Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday unveiled a bold development agenda to transform Andhra Pradesh into a $2.4-trillion economy by 2047. Addressing the Special Plenary Session of industry body CII's Annual Business Summit 2025 here, he invited industry leaders to participate in the Swarna Andhra Vision 2047 and called for deeper collaboration in innovation, infrastructure, and inclusive growth. As part of the vision, the government aims to sustain over 15 per cent annual GDP growth and achieve a per capita income of $42,000-positioning Andhra Pradesh as one of the most prosperous and inclusive states in India. Naidu said entrepreneurs generate wealth, and with it, we can implement impactful welfare programmes. During the years when the CII Partnership Summit was held in Hyderabad, it brought immense visibility and investment, he added. 'Now, I seek your support to bring investment to Andhra Pradesh so we can continue creating wealth. We are at a truly inspiring moment in time', the Chief Minister said. Reflecting on his decades-long association with CII, Naidu noted, 'For over three decades, you've understood and engaged with my vision. In the mid-1990s, when CII was still finding its footing, I was warned that associating with industrialists or international forums like Davos might harm my political prospects. Yet, I persisted- attending Davos regularly since 1995 - because I believed in economic development through collaboration'. The Chief Minister said his government would set up a global leadership centre in Amaravati to prepare leaders for tomorrow, on the lines of Davos in Switzerland. "We want to set up a global leadership centre in Amaravati to prepare global leaders for tomorrow. We are all going to Davos to learn, network, meet people, exchange ideas. Now, this is the place I want to make it," he said. Naidu said companies like TCS, IBM and L&T would be setting up quantum computing centres in Amaravati, the new Greenfield capital. He said Andhra Pradesh is well-positioned for industries producing green energy. Naidu said his state has good solar and wind energy potential, along with pumped storage, green ammonia and nitrogen. It also has ports. "Some states have solar, some have wind, but all put together, Andhra Pradesh is the number one state for green energy and downstream industries," he said. Inviting industries to set up facilities in the state, Naidu said, "I will give you all the facilities. I am planning big." He said out of India's target to achieve 500 gigawatts of installed electricity capacity for non-fossil-based energy sources, 160 GW will come from Andhra Pradesh. Naidu highlighted India's evolution since the economic liberalization era under Prime Minister PV Narasimha Rao, noting that nearly 30 per cent of top global Indian achievers are of Telugu origin. He underlined the importance of technological advancements - ranging from AI to quantum computing—and stressed the potential of real-time data and innovation to position India as a global leader. 'We are fortunate to have Prime Minister Narendra Modi at the helm during this critical phase. Today, we are the fourth-largest economy. As India ascends to become the world's third-largest economy, the real competition begins - with the USA and China. The Indian industry must prepare for this next phase,' he urged.
Hindustan Times
31-05-2025
- Business
- Hindustan Times
Naidu plans global leadership centre in Amaravati on the lines of Davos forum
Andhra Pradesh chief minister N Chandrababu Naidu on Friday said his government was contemplating setting up of a global leadership centre at Amaravati on the lines of World Economic Forum of Davos in Switzerland to produce future entrepreneurs and leaders in industry. Speaking at the special plenary session of the Annual Business Summit 2025 of the Confederation of Indian Industry (CII) in New Delhi, Naidu said his government was aiming at promoting more leaders to lead and provide services to the global community. 'We have requested the CII to set up a global leadership centre in Amaravati to produce leaders of tomorrow. We all have been going to Davos to network, exchange ideas, and meet people, and now, I want to make this place the new global centre. All leaders should come to Amaravati and India to cultivate leadership.' The chief minister unveiled a development agenda of his government to transform Andhra Pradesh into a $2.4 trillion economy by 2047. Inviting industry leaders to participate in the Swarna Andhra Vision 2047, he called for deeper collaboration in innovation, infrastructure, and inclusive growth. He said entrepreneurs generate wealth, and with it, the government can implement impactful welfare programmes. 'During the years when the CII Partnership Summit was held in Hyderabad, it brought immense visibility and investment. Now, I seek your support to bring investment to Andhra Pradesh so we can continue creating wealth,' he said. Naidu said the economic reforms initiated by former Prime Minister P V Narasimha Rao changed India forever. 'Today, many of the world's achievers are Indians—about 30% of them Telugus. India is poised to serve the global community for centuries to come,' he said. The chief minister pointed out that technology has matured, and the world is moving forward rapidly with developments in Artificial Intelligence, quantum computing, wearables, CCTV, and drones. If real-time data can be harnessed effectively, India, with its pool of outstanding entrepreneurs, can lead this revolution, he said. While answering a question on competitive federalism, the chief minister said the industrialists should be aware that, 'CBN (Chandrababu Naidu) is a tested brand and he offers the proof of concept.' Thus, they should be choosing his leadership in Andhra Pradesh to build their business, he said.
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Business Standard
30-05-2025
- Business
- Business Standard
Help turn Amaravati into another Hyderabad, Andhra CM Naidu urges industry
Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday urged industry to help him turn Amaravati, the new capital of his state, into another Hyderabad, but also flagged the need for pursuing responsible capitalism. Speaking at the concluding session of the Confederation of Indian Industry's (CII's) Annual Business Summit here, the 75-year-old leader spoke of the need to treat people as capital and not as liability to address increasing income disparity. He said his vision is of initiating a 'P4 model' for inclusive growth where P4 stands for public-private-people partnership. Naidu recalled how he pioneered India's first wave of infrastructure reforms through public-private partnership (PPP) models in power, telecom, roads, and ports. While they brought development, they also increased disparities, he said. The Andhra CM said he hailed from a middle-class farming family, but got opportunities at crucial junctures in his life. He referred to how B R Ambedkar, the architect of India's Constitution, and former President A P J Abdul Kalam received crucial help from benefactors. 'I urge India's top 10 per cent wealth creators to mentor and handhold the bottom 20 per cent. This is the essence of responsible capitalism,' he said. 'For over three decades now, you have understood and engaged with my vision and knowledge. Back in the mid-1990s, the CII was still an emerging platform, struggling to find relevance in India. I was often cautioned that associating with industrialists or attending global forums like Davos would tarnish my image as pro-rich and cost me votes. Despite these warnings, I continued to visit Davos whenever I held office, from 1995 onwards, even though many chief ministers at the time did not,' he recalled. To CII President Sanjiv Puri's remark that industrialists referred to him as the chief executive officer (CEO) of Andhra Pradesh and not as the state's CM, Naidu said the moniker hurt him politically. But he pointed out that entrepreneurs generate wealth and revenue, which help fund impactful welfare programmes. "Without wealth you cannot have welfare programmes," he said. During the years when the CII Partnership Summit was held in Hyderabad, it brought immense visibility and investment. 'Now, I seek your support to bring investment to Andhra Pradesh, so we can continue creating wealth. We are at a truly inspiring moment in time,' the Andhra CM said, adding that it is fortunate for the country that at this critical juncture it has 'the right leader' in Prime Minister Narendra Modi. Naidu said India is the fourth-largest economy, and will soon become the third-largest. 'But from this point on, the real competition begins with China and the US. The industry must prepare to meet this challenge,' he said, adding that India lags behind in manufacturing and needs to strengthen its ability to produce globally competitive products. He said during his first term as the CM of undivided Andhra, from 1995 onwards, he built a thriving ecosystem, especially in Hyderabad, which now contributes 70 per cent of Telangana's income. While Hyderabad was a 'brownfield' capital, 'destiny has allowed me to build a greenfield capital in Amaravati', he said and invited industry to help him build it. Naidu detailed the various projects that are coming up in Amaravati, including India's first Quantum Computing Centre. He also sought industry's support in establishing a Global Leadership Centre in Amaravati to train entrepreneurs and political leaders. The Andhra CM elaborated on his government's tieup with the Bill & Melinda Gates Foundation in Kuppam to integrate artificial intelligence (AI) into healthcare and establish real-time medical monitoring. He also talked about the river-interlinking projects Andhra, and the plans to establish aquaculture, horticulture, and agri-processing zones in the state to increase rural income.
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Business Standard
30-05-2025
- Business
- Business Standard
Help turn Amaravati into another Hyderabad, Naidu urges industry
Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday urged industry to help him turn Amaravati, the new capital of his state, into another Hyderabad, but also flagged the need for pursuing responsible capitalism. Speaking at the concluding session of the Confederation of Indian Industry's (CII's) Annual Business Summit here, the 75-year-old leader spoke of the need to treat people as capital and not as liability to address increasing income disparity. He said his vision is of initiating a 'P4 model' for inclusive growth where P4 stands for public-private-people partnership. Naidu recalled how he pioneered India's first wave of infrastructure reforms through public-private partnership (PPP) models in power, telecom, roads, and ports. While they brought development, they also increased disparities, he said. The Andhra CM said he hailed from a middle-class farming family, but got opportunities at crucial junctures in his life. He referred to how B R Ambedkar, the architect of India's Constitution, and former President A P J Abdul Kalam received crucial help from benefactors. 'I urge India's top 10 per cent wealth creators to mentor and handhold the bottom 20 per cent. This is the essence of responsible capitalism,' he said. 'For over three decades now, you have understood and engaged with my vision and knowledge. Back in the mid-1990s, the CII was still an emerging platform, struggling to find relevance in India. I was often cautioned that associating with industrialists or attending global forums like Davos would tarnish my image as pro-rich and cost me votes. Despite these warnings, I continued to visit Davos whenever I held office, from 1995 onwards, even though many chief ministers at the time did not,' he recalled. To CII President Sanjiv Puri's remark that industrialists referred to him as the chief executive officer (CEO) of Andhra Pradesh and not as the state's CM, Naidu said the moniker hurt him politically. But he pointed out that entrepreneurs generate wealth and revenue, which help fund impactful welfare programmes. "Without wealth you cannot have welfare programmes," he said. During the years when the CII Partnership Summit was held in Hyderabad, it brought immense visibility and investment. 'Now, I seek your support to bring investment to Andhra Pradesh, so we can continue creating wealth. We are at a truly inspiring moment in time,' the Andhra CM said, adding that it is fortunate for the country that at this critical juncture it has 'the right leader' in Prime Minister Narendra Modi. Naidu said India is the fourth-largest economy, and will soon become the third-largest. 'But from this point on, the real competition begins with China and the US. The industry must prepare to meet this challenge,' he said, adding that India lags behind in manufacturing and needs to strengthen its ability to produce globally competitive products. He said during his first term as the CM of undivided Andhra, from 1995 onwards, he built a thriving ecosystem, especially in Hyderabad, which now contributes 70 per cent of Telangana's income. While Hyderabad was a 'brownfield' capital, 'destiny has allowed me to build a greenfield capital in Amaravati', he said and invited industry to help him build it. Naidu detailed the various projects that are coming up in Amaravati, including India's first Quantum Computing Centre. He also sought industry's support in establishing a Global Leadership Centre in Amaravati to train entrepreneurs and political leaders. The Andhra CM elaborated on his government's tieup with the Bill & Melinda Gates Foundation in Kuppam to integrate artificial intelligence (AI) into healthcare and establish real-time medical monitoring. He also talked about the river-interlinking projects Andhra, and the plans to establish aquaculture, horticulture, and agri-processing zones in the state to increase rural income. To a question on how Andhra stands out at a time when several states are involved in competitive federalism, Naidu said there are so many brands but only a few will have value, and 'CBN (Chandrababu Naidu) is a brand'. He said 'credibility' cannot be earned overnight, it takes time to build.
