CM Naidu emphasised on Quantum Technology and P4 at CII Summit

Andhra Pradesh Chief Minister N. Chandrababu Naidu has appealed to companies to take action on the promises, ensuring their support.

During the second day of the CII Partnership Summit, Naidu saw 12 Memorandums of Understanding signed between various organisations, including the AP Capital Region Development Authority, AP Maritime Board, IT and Electronics sector and P4 participating organisations. He also gave government orders to the respective organisations.

Investment is an important factor towards creating wealth, and Naidu said his government encourages PPP and Public-Private-People Partnership (P4), with the latter being designed to ensure that wealth creation benefits lower income families by improving education, health and social/economic support.

Technology is advancing quickly with artificial intelligence and quantum technology emerging past the IT world. Andhra Pradesh can be a big investment opportunity in semiconductor, Artificial Intelligence, Quantum Technology and Aerospace. IITs and other education institutions are being encouraged to use Andhra Pradesh as a "living lab".

The Chief Minister said Andhra Pradesh is ranked 13th in terms of per capita income and highlighted policies to benefit the public, which have led to an increase in votes for his party during local elections. It was recently awarded second place nationally for socio-economic security in the Access to Equality Index published by the O.P. Jindal University. Despite financial struggles, Andhra Pradesh achieved this.

Naidu thanked Hero MotoCorp for offering 1,120 students scholarships via the Brijmohan Lall Munjal Scholarship. He also commended ITC for supporting P4 through its Corporate Social Responsibility programme, having given support to 25,000 families.

5,000 acres have been allocated to the space industry in Tirupati. This means Andhra Pradesh is well suited to the space and defence industry. In Kuppam, a lady working in a brick kiln has turned into a brick kiln owner, thanks to her support from TVS. She now employs 20 people. Naidu hopes this kind of opportunity will come about throughout the state.

When wealth is shared with those in need, it adds value. Naidu wants to make sure every family in Andhra Pradesh can be happy, healthy and prosperous.

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Pavan Bandari

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I am content writer with six years of experience in entertainment and politics besides other modules as well.