‘India no longer a sleeping economy’: Chandrababu Naidu courts investors on Singapore visit

Published 15 June 2026 · politics

Andhra Pradesh Chief Minister N. Chandrababu Naidu began his Singapore visit on Monday (June 15, 2026) with a series of meetings to attract investments, strengthen

Andhra Pradesh Chief Minister N. Chandrababu Naidu began his Singapore visit on Monday (June 15, 2026) with a series of meetings to attract investments, strengthen technological collaboration and promote entrepreneurship in the State. At his first engagement, Mr. Naidu met India’s High Commissioner to Singapore Shilpak Ambule and discussed deepening economic and trade ties between Singapore and Andhra Pradesh. Mr. Ambule outlined Singapore’s economic and commercial relationship with India and expressed interest in expanding cooperation with Indian States. Delighted to meet High Commissioner of India to Singapore, Dr. Shilpak Ambule. We discussed opportunities to deepen Singapore's partnership with Andhra Pradesh across investment, technology, advanced manufacturing, robotics, medical devices, education and innovation. I also… pic.twitter.com/ZhF16S68gL — N Chandrababu Naidu (@ncbn) June 15, 2026 Naidu urged Singaporean companies to explore investment opportunities in Andhra Pradesh, citing the State’s strengths in food processing, electronics, semiconductors and quantum technologies. He said the State offered opportunities in shipbuilding and in setting up Maintenance, Repair and Overhaul (MRO) facilities in civil aviation.

Nearly two million acres had been brought under natural farming, he said, and the State’s farmers were producing horticultural products with export potential. “We are working towards achieving complete traceability in the food sector. Andhra Pradesh is seeking collaboration in robotics, medical devices, hardware and electronics manufacturing. Our youth are well-positioned to meet the talent requirements of Singapore’s technology sector,” he said. Naidu credited Prime Minister Narendra Modi for creating an investor-friendly ecosystem through policy reforms and streamlined governance. Investments were the key to development, wealth creation and employment, he said, adding that India had emerged as one of the world’s most attractive investment destinations. He also sought greater academic collaboration between Singaporean universities and institutions in Andhra Pradesh. Ambule said Singapore was a global leader in green energy and semiconductor ecosystems, and assured support for facilitating investments and partnerships in Andhra Pradesh. Round-table with startups Later, Mr. Naidu took part in a round-table with startup founders and venture capitalists, attended by Mr. Ambule, Municipal Administration Minister P.

Narayana and venture capital investors. India was no longer a sleeping economy but a rapidly transforming economic powerhouse driven by reforms and innovation, the Chief Minister said. “Under the leadership of Prime Minister Narendra Modi, India is progressing at an extraordinary pace. Countries like China took decades to achieve their current level of economic growth, but India is advancing much faster,” he said. It was a pleasure to meet and interact with startup venture capitalists in Singapore today. Venture capital plays a critical role in transforming ideas into scalable enterprises, supporting innovation, risk-taking and the creation of future industries. With our enterprising… pic.twitter.com/y7KD2wVRY4 — N Chandrababu Naidu (@ncbn) June 15, 2026 Naidu pointed to India’s growing capabilities in medical technology, advanced manufacturing, electronics exports and defence production, including the development of fifth-generation fighter aircraft, and described the country’s youth population as its greatest strength. *Singapore tour Day-1* *meeting -2* *స్టార్టప్ వెంచర్ కాపిటలిస్టులతో రౌండ్ టేబుల్ సమావేశంలో పాల్గొన్న ముఖ్యమంత్రి చంద్రబాబు నాయుడు* •సమావేశానికి హాజరైన సింగపూర్లోని భారత హైకమిషనర్ శిల్పక్ అంబులే, మంత్రి పి.నారాయణ, సింగపూర్ స్టార్టప్ వెంచర్ కాపిటలిస్టులు pic.twitter.com/kAkgyKqf1b — I & PR Andhra Pradesh (@IPR_AP) June 15, 2026 He outlined Andhra Pradesh’s industrial and entrepreneurial policies, including the ‘One Family, One Entrepreneur’ initiative, and said the State was using an innovative land-pooling model for industrial projects, similar to the approach adopted for Amaravati.