Thu Sep 18 03:59:13 UTC 2025: **Here’s a summary of the provided text:**

The text reports on the valedictory session of the Global Capability Centre (GCC) Business Summit in Visakhapatnam, Andhra Pradesh. Chief Minister N. Chandrababu Naidu highlighted the state’s industry-friendly policies, good infrastructure, and focus on emerging technologies like AI and green energy, making it ideal for industrial growth. He also mentioned future projects like a bullet train, the development of Ratan Tata Innovation Hubs, and a planned Google data center in Visakhapatnam. Union Finance Minister Nirmala Sitharaman was also present, and Mr. Naidu praised the reforms she and Prime Minister Modi have implemented, projecting India to become the third-largest economy.

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**Andhra Pradesh Poised for Industrial Boom, Naidu Declares at GCC Summit**

**Visakhapatnam, September 18, 2025** – Andhra Pradesh Chief Minister N. Chandrababu Naidu has declared Visakhapatnam the “right place for industrial growth” in Andhra Pradesh, touting the state’s industry-friendly policies and robust infrastructure at the valedictory of the Global Capability Centre (GCC) Business Summit held yesterday.

Speaking at the event organized by the Confederation of Indian Industry (CII), Mr. Naidu emphasized Andhra Pradesh’s commitment to fostering a thriving industrial ecosystem. “Andhra Pradesh is gifted with good air, road, and rail connectivity,” he stated, further adding that a new greenfield airport in Amaravati and a metro train project are in the works.

The Chief Minister also highlighted future infrastructure developments, including a bullet train project connecting Hyderabad, Amaravati, Bengaluru, and Chennai. He detailed the government’s focus on emerging technologies such as Quantum Valley, Artificial Intelligence, and green energy initiatives. “We are also focused on developing green energy and hydrogen,” he said.

The state boasts Ratan Tata Innovation Hubs (RTIH) in five locations and aims to capitalize on its vast coastline for port-led economic growth. Mr. Naidu revealed that a Google data center is planned for Visakhapatnam, with an announcement expected next month. He also praised the state’s digital governance initiative, providing 720 government services through WhatsApp.

Union Finance Minister Nirmala Sitharaman attended the event, and Mr. Naidu lauded her and Prime Minister Narendra Modi’s economic reforms, predicting that India will soon become the world’s third-largest economy. CII representatives, including R. Dinesh and Chandrajit Banerjee, were also present. The Summit served as a platform to showcase Andhra Pradesh’s potential as a leading industrial hub and a key contributor to India’s economic growth.

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