Highlighting its abundant coastline, existing port capacity and planned infrastructure development, Andhra Pradesh pitched itself hard as an investment destination at the ongoing ‘Make in India’ event here on Tuesday.
Chief minister, Chandrababu Naidu said, “I had several brainstorming sessions with experts and we have decided to take up ports and coastline development in a big way.”
Naidu said the state has a vast 974-km long coastline, six existing ports and six more under development, adding that several countries have grown rapidly on the back of coastline development.
Besides, the state also highlighted its second position in the Centre’s index for ease of doing business, vetted by the World Bank, and the several infrastructure projects, including the green-field development of its capital Amaravati. “ There would be great potential due to the Vishakhapatnam-Chennai industrial corridor and the Chennai-Bengaluru corridor. Also, we are also working on developing a ring road around Amaravati,” Naidu said.