Andhra Pradesh Plans SME Park in Partnership with Japan

Amaravati, March 26: The Andhra Pradesh government is set to collaborate with top Japanese developers to establish a dedicated SME Park near Sri City. This initiative aims to attract more foreign investments and boost the state’s industrial growth.

Chief Minister N. Chandrababu Naidu recently met with a Japanese delegation led by Ambassador Keiichi Ono to discuss ways to strengthen economic ties between Andhra Pradesh and Japan. He highlighted the state's long-standing relationship with Japan and the success of Sri City, which has become a hub for Japanese businesses.

Expanding Investment and Growth

The discussions focused on increasing Japanese investments in key sectors such as:
✅ Shipbuilding
✅ Electronics
✅ Chemicals
✅ Automobiles
✅ Education

The goal is to create new job opportunities and drive industrial development across the state.

Government’s Commitment to Investors

Andhra Pradesh’s Industries, Commerce, and Food Processing Minister, T.G. Bharath, invited Japanese companies to explore investment opportunities in the state. Speaking at the "Japan’s Connect with Andhra Pradesh" event in Vijayawada, attended by the Japanese Ambassador and a business delegation, he emphasized:
✔️ The state’s robust infrastructure
✔️ Ease of doing business and investor-friendly policies
✔️ Ongoing efforts to restore investor confidence

He also highlighted Chief Minister Chandrababu Naidu’s leadership, noting how his vision had transformed Hyderabad and is now driving Andhra Pradesh’s economic revival.

Massive Investments in Just 9 Months

Minister Bharath revealed that in just nine months, Andhra Pradesh has secured ₹8.5 lakh crore in investments. The government is also working on clearing pending incentives for industries, further boosting investor confidence.

He remarked, “Everyone knows what happened in the last five years. Now, with the ‘CBN brand,’ we have restored investor confidence.”

A Promising Future for Andhra Pradesh

With strong government support, advanced infrastructure, and growing foreign collaborations, Andhra Pradesh is emerging as a top destination for investments across multiple sectors. The planned SME Park with Japanese collaboration will further solidify the state's position as an industrial powerhouse.