Published On:October 31 2024
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Andhra’s Economy Poised to Reach $2.4 Trillion by 2047, Says CM Naidu.
Andhra Pradesh Chief Minister N. Chandrababu Naidu outlined the state’s ambitious Vision 2047, targeting a State Gross Domestic Product (GSDP) of $2.4 trillion. In a meeting with NITI Aayog officials, led by CEO B.V.R. Subrahmanyam, Naidu emphasized that the goal is achievable with an annual economic growth rate of 15 percent.
The Vision 2047 plan prioritizes balanced regional growth and includes a roadmap for development at the district and constituency levels. Naidu highlighted key growth engines such as demographic development, social and economic expansion, infrastructure development, poverty eradication, and advancements in data centers and artificial intelligence as pillars to support the state’s economic transformation.
HBL