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Business
Andhra Pradesh Growth Rate Hits 11.3%, Surpasses Telangana, Says CM Chandrababu Naidu
✍️ The Hindu
🗓 04 Aug 2026, 09:12 PM
👁 7
Chief Minister Chandrababu Naidu announced that Andhra Pradesh’s economy grew at 11.3% last year, outpacing Telangana’s growth. The figure reflects the state’s robust development trajectory.
Chief Minister Chandrababu Naidu released the latest economic data on Thursday, stating that Andhra Pradesh’s gross state domestic product (GSDP) expanded by 11.3% in the fiscal year 2023‑24.
The growth rate surpasses the 10.8% reported for neighboring Telangana, indicating a stronger performance in sectors such as manufacturing, agriculture and services.
Naidu highlighted the state’s focus on infrastructure projects and investment incentives as key drivers of the upward trend.
The data, released by the Andhra Pradesh State Planning Board, is expected to influence policy decisions and attract further investment to the region.
Analysts note that the growth figure places Andhra Pradesh among the top-performing states in India for the year.
The growth rate surpasses the 10.8% reported for neighboring Telangana, indicating a stronger performance in sectors such as manufacturing, agriculture and services.
Naidu highlighted the state’s focus on infrastructure projects and investment incentives as key drivers of the upward trend.
The data, released by the Andhra Pradesh State Planning Board, is expected to influence policy decisions and attract further investment to the region.
Analysts note that the growth figure places Andhra Pradesh among the top-performing states in India for the year.