AP Keen On Heralding Green Energy Revolution

Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu said they are making efforts to usher in a green energy revolution in the State by creating 7.5 lakh jobs and attracting investment to the tune of Rs 10 lakh crore.

He said India is set to become the world’s top economy with AI and digital advancements, while addressing the All India Research Scholars Summit (AIRSS)-2025 at the Indian Institute of Technology (IIT) Madras on Friday. He said AP has decided to launch Quantum Valley in partnership with IIT Madras.

Naidu was one of the spotlight speakers at the prestigious four-day summit dedicated to research collaborations, industry engagement, and academic excellence.

Prof V Kamakoti, Director of IIT Madras, described Naidu as a visionary leader behind Cyberabad’s transformation. Later Naidu appreciated the vibrant academic environment of IIT Madras and expressed confidence that India’s future belongs to young scholars and entrepreneurs. He acknowledged the role of IIT Madras in knowledge dissemination and praised its contribution to startups like Agnikul Cosmos and Mindgrow Technologies, which have placed India at the forefront of space and semiconductor innovation.

The Chief Minister reflected on India’s economic journey, recalling the pre-liberalisation mixed economy and the impact of the 1992 economic reforms. He highlighted how deregulation in the telecom sector, based on his recommendation, helped drive digital transformation. He recounted his meeting with Bill Gates in the 1990s, which led to Microsoft’s establishment in Hyderabad, and underscored the role of Telugu leaders like Satya Nadella in global technology.

Naidu spoke about India’s digital revolution, citing Aadhaar and UPI as examples of successful innovations. He noted that by December 2024, India had achieved 1,673 crore UPI transactions, with an annual value exceeding $2.4 trillion.