Hans News Service Amaravati

ChiefMinister N Chandrababu Naidu on Tuesday invited global semiconductor companies to visit Andhra Pradesh within the next 30 days to explore investment opportunities, positioning the state as an emerging destination for semiconductor manufacturing and advanced technology industries.

Addressing the Semicon Ecosystem Roundtable Conference in Singapore, Naidu said Andhra Pradesh is adopting a "Speed of Doing Business" approach focused on faster approvals, efficient governance and investor-friendly policies.

He stated that India has emerged as one of the world's most attractive investment destinations and that Andhra Pradesh offers a conducive ecosystem for global manufacturers.

The Chief Minister revealed that a semiconductor manufacturing facility is planned in the Rayalaseema region, strengthening the state's ambitions to build a comprehensive semiconductor ecosystem. He said Rayalaseema also offers significant opportunities in defence manufacturing, aerospace, electronics, fighter aircraft components and automobile production.

Naidu said the state is committed to partnering with global companies to promote innovation, manufacturing excellence and sustainable industrial growth across the semiconductor value chain.

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