Andhra Pradesh eyes $2.07 trillion economy by 2047 with tech push

Chief Minister N Chandrababu Naidu has articulated a comprehensive vision for Andhra Pradesh's economic transformation, setting a target of $2.07 trillion gross state domestic product by 2047. The strategic blueprint reflects the state government's commitment to leveraging emerging technologies and sector-specific expertise to drive sustainable growth.

Under this developmental framework, Visakhapatnam is earmarked for emergence as a premier AI data centre hub, capitalizing on the port city's existing infrastructure and connectivity advantages. The designation aligns with India's broader push to develop indigenous artificial intelligence capabilities and reduce dependence on overseas computing resources.

Complementing this initiative, Tirupati is envisioned as a global design capital, leveraging the city's existing strengths and cultural positioning. The dual-hub approach reflects a strategy to diversify the state economy across high-value sectors while building on regional comparative advantages.

The announcement represents one of the most significant state-level growth initiatives in recent years, signaling Andhra Pradesh's intent to compete with other Indian states in attracting technology investment and skilled talent. The 2047 timeline aligns with India's broader vision for economic advancement in the coming decades.