Davos, Switzerland, January 21, 2025: On the second day of the World Economic Forum (WEF) in Davos, Nara Chandrababu Naidu, Chief Minister of Andhra Pradesh and visionary, delivered an inspiring address at a special session of the Confederation of Indian Industries (CII) on Green Industrialization.
Highlighting his longstanding partnership with CII since 1995, he reflected on his journey of driving transformative change, citing Hyderabad’s emergence as one of India’s most livable cities and a global hub for IT, healthcare, and innovation as proof of concept.
"We have a demographic advantage, and Indian entrepreneurs, especially those from Andhra Pradesh, are excelling globally, contributing to the world economy. India is poised to lead, with Bloomberg predicting it will provide incremental GDP growth by 2027. From 2028 onward, it will be the Indian era," he remarked.
Chandrababu Naidu applauded India’s current leadership under Prime Minister Narendra Modi, describing him as a "visionary leader" with a stable government, preparing for a "Vikasit Bharat 2047" that envisions India as a global superpower. He expressed confidence that India will rank among the top two economies by 2047, with Indians becoming leaders in wealth creation.
He emphasised the need for leveraging technologies like AI and real-time data to solve complex problems and improve everyday life, outlining his vision for the Global Leadership Centre (GLC) in Amaravati to prepare future leaders. On this occasion, a letter of intent was exchanged between the IMD Business School, Switzerland, and GLC to enhance global competitiveness and leadership development.
Touching on sustainability, Mr. Naidu underscored India’s commitment to natural and organic farming, which he termed a “boon for the global community,” and highlighted the importance of including people as partners in governance through his proposed “P4 model”—public-private-people partnership.
The Chief Minister urged corporate leaders to take responsibility for eradicating poverty and inequality, describing people as India’s greatest asset. He acknowledged Tata Sons Chairman N. Chandrasekaran's guidance in steering the Swarnandhra 2047 economic development initiative.
With a focus on green industrialization, deep-tech innovation, and inclusive leadership, Chandrababu Naidu expressed optimism about India’s role in driving global growth and fostering sustainable development.
Vision for Green Energy Transformation in Andhra Pradesh
Chief Minister highlighted his administration's ambitious plans to transform the state into a global hub for green energy and green hydrogen, setting a precedent for sustainable development and energy reforms.
Reflecting on his tenure, the Chief Minister shared his journey of introducing bold power reforms in 1999 amidst a national energy crisis. “The country was facing severe power shortages, and industries had to shut down. Despite fears and challenges, I introduced critical reforms, which initially cost me an election. However, today we are reaping the benefits of those decisions,” he stated.
He said that under his leadership, Andhra Pradesh has witnessed significant advancements in solar and wind energy, reducing energy costs. "Scaling and innovation are the keys to success," he emphasised.
A Mission for a Green Future:
The Chief Minister reaffirmed his commitment to transforming Andhra Pradesh into a clean energy hub, with a mission-mode approach to achieving sustainability goals. Key initiatives include: A massive $115 billion investment in the fuel sector to produce 500 MW of renewable energy and 500 million metric tons (MMT) of green energy by 2030, contributing 30% to the national target.
Collaborative Green Hydrogen Projects:
Highlighting collaborations, the Chief Minister mentioned the Prime Minister's recent visit to lay the foundation stone for a $21 billion green hydrogen project, a joint venture poised to accelerate India’s renewable energy ambitions. Additionally, Reliance is investing Rs. 65,000 crore in biofuel initiatives in the state.
Vision Swarnadhra 2047:
As part of the Vision 2047 roadmap, the Chief Minister outlined ten guiding principles focusing on cost optimization, environmental balance, and positioning Andhra Pradesh as a leader in the global green hydrogen and fuel markets. “With our well-equipped ports like Kakinada, we are poised to export green energy products to the world,” he noted.
Technological Advancements:
Promoting a future-driven approach, the Chief Minister underscored initiatives such as:
• Scaling rooftop solar power generation to democratize power production.
• Encouraging electric vehicle (EV) adoption to reduce carbon emissions.
• Integrating drone technology for the application of fertilizers, ensuring efficiency and environmental safety.
Support for Industrialists:
The Chief Minister pledged unwavering support to the industrial community, advising continuous research and development to further reduce energy costs. “We will produce quality products for the global community and handhold industrialists to succeed. The speed of doing business is now our mantra,” he affirmed.
With a clear focus on sustainability, innovation, and global collaboration, Andhra Pradesh is on the path to becoming a pioneer in green energy and green hydrogen, cementing its position as a key player in the future of global energy
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