File Photo: Andhra Pradesh Chief Minister Chandrababu Naidu
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Andhra Pradesh Chief Minister N Chandrababu Naidu invited global industry leaders to visit the state within the next 30 days to explore its investor-friendly policies and opportunities.Addressing the Semicon Ecosystem Roundtable Conference in Singapore on Tuesday, Naidu said Andhra Pradesh was emerging as one of the most attractive destinations for semiconductor manufacturing.Highlighting the state government’s commitment towards the “Speed of Doing Business” model aimed at facilitating faster approvals, efficient governance and seamless industrial growth, he said India was currently one of the safest and most promising destinations for global investments and Andhra Pradesh would stand out as a favourable state for investors.With proactive industrial policies and focus on infrastructure development, Andhra Pradesh would have significant opportunities across the semiconductor value chain, Naidu said.A semiconductor manufacturing facility would be established soon in the Rayalaseema region, further strengthening the state’s position in the high-technology manufacturing sector.The Rayalaseema region in the state was being developed as a hub for advanced manufacturing industries, including defence production, aerospace, electronics, fighter aircraft components and automobile manufacturing, the Chief Minister said.The Semicon Ecosystem Roundtable was attended by representatives from leading semiconductor and technology companies based in Singapore and other major players including GlobalFoundries, NXP Semiconductors, ASMPT, One System Technologies, Techsend Photomask and Aquatech.The Andhra Pradesh government was committed to building a robust semiconductor ecosystem in the state, Naidu said, adding it was ready to partner with global companies to drive innovation, manufacturing excellence and sustainable industrial growth.Naidu also met Lim Siong Guan, Executive Advisor of Singapore’s Investment Corporation. The meeting focused on governance reforms and best practices in public administration. He invited Lim Siong Guan to provide training and capacity-building programmes on good governance for senior government officials and public representatives, according to a release.More Like ThisPublished on June 16, 2026
