Revives global investor ties, 26 high-level meetings with political leaders

The visit was strategically timed to prepare ground for the upcoming Global Investors Summit (GIS) scheduled in Visakhapatnam on November 14-15

kiranmai tutika I amaravati

The Andhra Pradesh Chief Minister N. Chandrababu Naidu’s four-day trip to the ‘Lion City’ concluded on a high note and an impactful one as the tech-savvy Chief Minister reached out to global corporations and revived ties with the intention to woo investments to Amaravati and other towns of Andhra Pradesh.

The visit was strategically timed to prepare ground for the upcoming Global Investors Summit (GIS) scheduled in Visakhapatnam on November 14-15. It also served as a platform to correct the state’s diplomatic and industrial course after five years of ‘stagnation’ under the previous administration. Accompanied by a ministerial delegation including Nara Lokesh, P. Narayana, and T.G. Bharat, the Chief Minister led a packed schedule of 26 high-level meetings with political leaders, corporate executives, and institutional investors.

The visit, held from July 26 to 30 included crucial talks with Singaporean President Tharman Shanmugaratnam, Senior Minister and former Prime Minister Lee Hsien Loong, and Ministers Tan See Leng (Trade & Industry) and K. Shanmugam (Law & Home Affairs). Naidu emphasized Andhra Pradesh’s commitment to transparent governance and long-term partnerships, expressing regret over setbacks in AP-Singapore relations after 2019. He reiterated his administration’s commitment to reviving bilateral projects and invited the Singapore government to participate in the GIS.

The delegation’s meetings with global corporate giants yielded promising investment signals across key sectors. CapitaLand Investment showed interest in developing integrated digital townships and logistics parks in Amaravati, Visakhapatnam, and Tirupati. Temasek Holdings, Singapore’s sovereign wealth fund managing assets over $287 billion, expressed willingness to invest in food processing, healthcare, EV mobility, and infrastructure development. At SMBC (Sumitomo Mitsui Banking Corporation), the delegation explored financing models for clean energy, transport corridors, and the proposed defense manufacturing clusters.

Similarly, Mandai Wildlife Group was briefed on opportunities in AP’s eco-tourism and wildlife sanctuaries. A proposal was made to collaborate on a world-class nature park with global conservation standards. Also, interactions with TVS Motors, Wilmar International, GIC, Sembcorp, ABeam Consulting, Eversendai, Surbana Jurong, and Keppel Corp covered areas from industrial corridor development to port logistics and urban infrastructure.

On the other hand, Minister Nara Lokesh led discussions with AI Singapore, ABeam Consulting, and tech leaders to attract Global Capability Centres (GCCs) and AI-focused data centres to Andhra Pradesh. Lokesh highlighted AP’s strong talent pool, lower operational costs, and upcoming tech parks as strategic advantages. 

CM Naidu and team toured several major infrastructure landmarks, including Tuas Mega Port, which is the world’s largest fully automated terminal. Bidadari Housing Estate, a model in integrated and sustainable urban housing, where the Chief Minister plans to replicate similar layouts in Amaravati and Vijayawada. He also toured Jurong Petrochemical Island and Singapore Sports School, as part of sectoral learning in industrial planning and talent development.

The delegation also participated in a heartfelt interaction with over 2,500 members of the Telugu diaspora from Singapore, Malaysia, and neighboring countries. The diaspora lauded Naidu’s leadership and expressed willingness to invest in educational and healthcare initiatives in AP. Naidu called upon NRIs to become “partners in rebuilding Andhra Pradesh” and assured them of investor-friendly policies.

India’s High Commissioner to Singapore, Shilpak Ambule, played a vital role in coordinating the visit and strengthening diplomatic outreach. The tour concluded with the Chief Minister departing Singapore on Wednesday evening.

With international investor attention rekindled, Andhra Pradesh now looks forward to hosting one of the country’s most anticipated investment summits in November. The Singapore visit marks a significant step in the state’s renewed journey toward economic resurgence.