Sat Jan 03 08:35:42 UTC 2026: Here’s a summary and a news article based on the provided text:
Summary:
According to a social media post by Andhra Pradesh Chief Minister N. Chandrababu Naidu, a Bank of Baroda report has ranked Andhra Pradesh as the leading state in India for investment attraction. The Chief Minister attributes this success to the state government’s progressive policies, particularly its “Speed of Doing Business” initiatives, including escrow accounts for incentive distribution and sector-specific policies. He thanks investors and emphasizes that this achievement is a stepping stone for further progress and sustained growth through continued partnerships.
News Article:
Andhra Pradesh Tops Investment Charts, Says Bank of Baroda Report
VIJAYAWADA, January 3, 2026 – Andhra Pradesh has been ranked number one in India for attracting investments, according to a report by Bank of Baroda. The news was hailed by Chief Minister N. Chandrababu Naidu in a social media statement earlier today.
CM Naidu credited the state’s success to its forward-thinking policies, specifically the “Speed of Doing Business” initiatives. These initiatives include the implementation of escrow accounts to ensure timely and transparent distribution of incentives to investors, as well as the creation of clear, sector-specific policies.
“This is welcome news for the people of Andhra Pradesh and a strong start to the year,” stated the Chief Minister. He also thanked investors for choosing Andhra Pradesh.
The Chief Minister emphasized that this achievement marks the beginning of ongoing development for the state. The government, he stated, remains committed to strengthening partnerships with investors and delivering sustained economic growth in Andhra Pradesh.
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