Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday invited European countries and businessmen to avail the state’s advantages, observing that it will be a gateway to enter the global market.

Addressing ‘Partners in Progress-India-Europe Cooperation for Sustainable Growth’ roundtable meeting in the run up to the 30th CII Partnership Summit on November 14 and 15, the chief minister highlighted that the ease, speed and cost of doing business in Andhra Pradesh is unprecedented.

‘Incentives second to none, biz permits expedited’:

“Andhra Pradesh will be the gateway to enter the global market with immense opportunities in various sectors. Ease of doing business, speed of doing business and cost of doing business in Andhra Pradesh is unprecedented,” Naidu said.

Observing that there is no competition for the southern state in terms of offering incentives and speedy business permits, the CM said Andhra Pradesh has opportunities in manufactured goods, healthcare, education, tourism, food processing and other sectors.

Investment of $15 billion by Google to set up AI data centre:

Showcasing recent investment pledges to the southern state, the TDP supremo highlighted that tech giant Google is going to set up an AI data centre with an investment of USD 15 billion and sub-sea cables connecting Singapore.

Andhra Pradesh has been promoting industries in a big way and as part of it adopted the speed of doing business policy to clear applications within 45 days, he said.

Citing a recent example, the CM noted that Premier Energy got clearances within 45 days with a single phone call while Reliance is setting up the ‘second largest brewery globally’ after receiving clearances within a month and is planning to start production from February 2026.

Naidu said a drone city is being developed for both civilian applications and defence sector needs and that the state is going forward to promote space technology in the private sector, including setting up a space city as per a call given by Prime Minister Narendra Modi to promote space technology.

Noting that the state is strong in the energy sector, he said Andhra Pradesh is producing solar, wind and pumped storage power.

Exuding confidence that the state will produce a quantum computer in two years’ time, Naidu said Andhra Pradesh has decided to develop a quantum valley in the greenfield capital city of Amaravati, following a quantum computing policy announcement by the Government of India.

According to the CM, “India is going to emerge as the number one economy and it is unstoppable”.

He appealed to global investors to come and invest in Andhra Pradesh, promising to attach an escort officer to follow up with their applications.

Gevorg Papoyan, Minister of Economy, Republic of Armenia, Clemence Kopeikin, Chief Impact officer, FyrstGen Holding Limited, Switzerland, Bertram Lohmuller, professor, and others attended the roundtable meeting.