Naidu Concludes Davos Tour After Promoting 'Invest in AP' Campaign
To get investments worth over `4L cr including a greenfield steel plant by ArcelorMittal-Nippon, refinery and petrochemical complex by BPCL
AP Chief Minister N Chandrababu Naidu presenting a memento to Bill Gates in Davos on the sidelines of the annual meeting of the World Economic Forum
Vijayawada: Andhra Pradesh Chief Minister N Chandrababu Naidu completed his first overseas trip to Switzerland after his return to power about seven months ago by successfully promoting 'Brand AP,' highlighting the policies adopted by the coalition government and the salient features of Swarnandhra Vision-2047.
Naidu, who began his trip to World Economic Forum's 55th annual session in Davos with a meeting with European Telugu Diaspora, met ArcelorMittal's Lakshmi Mittal, addressed a session on green hydrogen and interacted with CEOs of Coca-Cola, LG, Cisco, Microsoft founder Bill Gates, DP World Central Asia MD Rizwan Sumoor, Google Cloud CEO Thomas Kurien and Petronas Group CEO Muhammad Taufik. Interestingly, the government has not announced signing any MoU on fresh investments.
During his interactions, he showcased AP's thrust on employment generation through its job first approach and explained how after formation of the new government, they could attract investment proposals worth over Rs4 lakh crore including a greenfield steel plant by ArcelorMittal-Nippon near Visakhapatnam and refinery and petrochemical complex by BPCL at Ramayapatnam.
Naidu 'redefining AP’s 'growth story'
From pioneering the IT revolution in 1995 to embracing AI in 2025, Chief Minister N Chandrababu Naidu continues to redefine AP's growth journey, said Civil Aviation Minister Kinjarapu Rammohan Naidu on Thursday.
He posted on X (formerly Twitter): "His interaction with Bill Gates is a testament to our State's commitment to progress." Later he said Naidu's presence and interaction both at roundtable sessions and on the sidelines of 55th annual session of World Economic Forum in Davos and address in Zurich at a meeting with Telugu diaspora were successful in promoting Brand AP and generating goodwill among investors on the industry-friendly climate created in the State.
Recollecting his association with legendary Bill Gates, while inviting him to become a member of the advisory committee of the proposed AI University in Visakhapatnam and to transform AP into an AI hub, Naidu stated on X "Back in 1995--IT...now in 2025--AI." The AP Lounge was opened at the India Pavilion with the tagline "Invest in AP." During his interactions, Naidu sought investments into renewable energy, green hydrogen, petrochemical complexes and new age technologies like AI and MF.
Meanwhile, the State Government in a release said the Chief Minister's four-day visit to Davos, aimed at raising the brand image of AP and establishing a network for bringing huge investments to the State, ended successfully.
