Sat May 31 03:07:01 UTC 2025: Here’s a summary of the text and a rewritten news article:
**Summary:**
Andhra Pradesh Chief Minister N. Chandrababu Naidu addressed the CII Annual Business Summit in New Delhi, highlighting his government’s focus on wealth creation through industrial development and attracting investment to achieve the “Swarna Andhra Vision– 2047” of transforming the state into a $2.4 trillion economy. He emphasized streamlined processes, transparency, and technological advancements, including the establishment of India’s first Quantum Computing Centre in Amaravati by 2026. Naidu urged industrialists to invest in Andhra Pradesh and praised Prime Minister Modi’s leadership. The speech was well-received, with Naidu receiving a standing ovation and being felicitated by CII leadership.
**News Article:**
**Andhra Pradesh Aims for $2.4 Trillion Economy by 2047, CM Naidu Courts Investment at CII Summit**
**NEW DELHI, May 31, 2025** – Andhra Pradesh Chief Minister N. Chandrababu Naidu today outlined an ambitious plan to transform the state into a $2.4 trillion economy by 2047, urging industrialists to partner in realizing the “Swarna Andhra Vision– 2047” during his address at the Confederation of Indian Industry (CII) Annual Business Summit in New Delhi.
Naidu emphasized the critical role of wealth creation through industrial development, stating, “Welfare programmes cannot be implemented without the creation of wealth.” He touted Andhra Pradesh’s industrial policies and investment opportunities, promising streamlined processes and a “red carpet” for investors. “Our motto is not just Ease of Doing Business, but Speed of Doing Business,” he declared.
A key highlight of Naidu’s vision is the establishment of India’s first Quantum Computing Centre in Amaravati by 2026, in collaboration with TCS, IBM, and L&T. He urged industry leaders to capitalize on the potential of quantum computing, drones, IoT, and sensors, technologies he believes are crucial for future business growth.
The Chief Minister also praised Prime Minister Narendra Modi’s leadership as a strength for the nation.
Naidu’s address was met with enthusiasm, earning him a standing ovation from the assembled industrialists. CII Director General Chandrajit Banerjee and CII President Sanjiv Puri felicitated Naidu, acknowledging his commitment to industrial development and innovation-led governance.
The Andhra Pradesh government hopes that these measures will make AP an attractive place for growth and investment and ensure the economic future for the state.
First Piper 