Foreign Direct Investment (FDI) in Andhra Pradesh

Why Invest in Andhra Pradesh

• Strategic Location: Coastal state with access to major international trade routes.
• Agricultural Strength: Leading producer of rice, groundnuts and seafood.
• Industrial Growth: Focus on electronics, automotive, and textiles industries.
• Government Support: Pro-business policies aimed at boosting infrastructure and investment.

Incentives & Schemes

• Industrial Investment Policy: Fiscal incentives, subsidies, and exemptions for setting up industries.
• Agricultural Infrastructure: Focus on irrigation, warehousing, and food processing.
• Port Development: xpansion of existing ports and promotion of new ports for logistics.

Key Economic Data: Andhra Pradesh

Category	Details
Capital	Amaravati (Legislative), Visakhapatnam (Executive)
GSDP (2023–24)	₹12.81 lakh crore
Growth Rate	12.5%
Per Capita Income	₹2,02,350
Top Sectors	Agriculture, Manufacturing, Services
FDI Share in India	4%
Top FDI Sources	UAE, Singapore
Cumulative FDI (FY2024)	₹5,500 crore (Q1)
Policy Impact	Focus on industrial development and infrastructure growth
Recent FDI	₹1,200 crore (2020–21)

Latest Insights

• Andhra Pradesh attracted ₹5,500 crore in cumulative FDI by Q1 FY2024.
• Agriculture and manufacturing continue to be the backbone of the economy.
• Government-backed initiatives are strengthening infrastructure, particularly in ports and logistics.