Post bifurcation of united Andhra Pradesh, the Telangana state flourished big time and it must be said that Andhra Pradesh got a raw deal. In fact, some of the promises made as part of the bifurcation act are yet to be fulfilled today. While Chandrababu Naidu could not do much during his time, things have changed radically after Y S Jagan took over.
Coming to the point, today Andhra Pradesh has become an investment hub for many and it has hit a jackpot of sorts. With the GIS2023 commencing on March 3rd, Jagan and his government are determined to make the most of it through their 'Advantage Andhra Pradesh – Where Abundance Meets Prosperity' agenda. Below are a few of the highlights which are going to showcase the strength of Andhra Pradesh.
For starters, AP tops the chart in EoDB rankings. It boasts of the highest GVA (gross value added) in the industrial sector in the country at 11%. This is actually higher than the national average of 8%. Similarly, the GSDP in industries is at 12.78% against the national average of 10.3%. The GVA in fisheries has jumped to 20% in 2021-22 from 16% in 2018-19. All this data has come from the DPIIT report. Overall, AP has secured investment worth Rs 2.5 lakh crores in just 3 years. This is a remarkable achievement indeed.
