Andhra recorded six-fold hike in FDI in last 2 yrs, says Naidu govt

Andhra Pradesh has experienced a remarkable six-fold surge in foreign direct investment (FDI) over the past two years, according to an official statement citing data from the Lok Sabha. This dramatic increase contrasts sharply with the previous administration's performance under the YSR Congress Party regime. During the fiscal year 2025-26, Andhra Pradesh attracted USD 608.59 million in FDI, a staggering jump from the relatively modest USD 92.13 million recorded two years earlier in FY 2023-24.

Union minister of state (independent charge) for science and technology Dr Jitendra Singh attributed this remarkable turnaround to the coalition government's efforts to create a more investor-friendly climate. The statement highlighted that FDI inflows had steadily risen after the TDP-led coalition assumed office, more than doubling in the first year and nearly tripling in the second.

The largest single-sector beneficiaries of this FDI influx were metallurgical industries, which saw a massive increase from USD 0.10 million in 2023-24 to USD 262.56 million in 2025-26. Other notable sectors included industrial machinery, food processing, cement and gypsum products, services, automobiles, chemicals, electrical equipment, and electronics.

Dr Singh emphasized several national initiatives, such as Production Linked Incentive (PLI) schemes, the Semicon India Programme, and BioE3, as key drivers supporting investments in high-growth sectors. He also praised the state government's focus on improving ease and speed of doing business, accelerating approvals, strengthening infrastructure, and attracting global investors.