Minister Bharath participated in the Bus World India Conclave 2026 in New Delhi along with Union Minister Nitin Gadkari

New Delhi/Kurnool, April 29: Andhra Pradesh is emerging as one of the country's top investment destinations, attracting nearly 25 per cent of the investments coming into India, according to State Industries, Commerce and Food Processing Minister TG Bharath Gupta.

Minister Bharath exclusively speaking to The Hans India over phone on Wednesday from Delhi has said that growing investor confidence in Chief Minister N. Chandrababu Naidu has been instrumental in achieving this momentum.

The minister, who participated in the Bus World India Conclave 2026 in New Delhi along with Union Minister Nitin Gadkari, said Andhra Pradesh now holds more than 25 per cent share in India's proposed investments, citing available industry estimates. He stated that the State government is implementing investor-friendly reforms and a "Speed of Doing Business" model under the leadership of Chief Minister Chandrababu Naidu.

Highlighting the State's strengths, TG Bharath said Andhra Pradesh is well-positioned to become a key hub in the future mobility sector. With over 1,000 kilometres of coastline and six operational ports, the State offers strong logistical support for industries. He noted that major automobile companies such as Kia India and Isuzu Motors India have already established operations in Andhra Pradesh.

He further said the government is now focusing on electric mobility and battery manufacturing, with the AP EV Policy 4.0 drawing interest from investors. The policy offers capital subsidies, SC/ST reimbursement benefits, power tariff incentives and 100 per cent stamp duty exemption. Stressing the need for stronger public transport systems amid rapid urbanisation, the minister invited industrialists to become partners in Andhra Pradesh's development journey.