ANDHRA PRADESH

THE RICE GRANARY OF INDIA

Economic Snapshot
GSDP of Andhra Pradesh at current Distribution of GSVA FDI Inflows in Andhra Pradesh
prices CAGR^ April 2000 – June 2018 (US$ million)
16.48

40.91% 43.55%
14.38 % 1.25 1.48
124.73

2.20
103.67

1.56
8.04

5.96
91.70

1.37
85.85

32.21% 22.09%
6.95

0.68
79.12

6.29 % 0.85 1.16

76.74
75.56

6.00
5.25
4.64
4.11
3.79

26.88% 34.37%
17.93%

FY01-FY11

2011-12

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19*

FY01-FY19*
2011-12

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18AE

2011-12 2017-18AE

Agriculture Industry Services

US$ billion Rs trillion

Note: AE - Advance Estimates at current basic prices, ^ - CAGR in Rs, GSDP – Gross State Domestic Product, GSVA – Gross State Value Added, * - Upto June 2018
Source: Directorate of Economics & Statistics of Andhra Pradesh, Department of Industrial Policy & Promotion

Advantages

Adequate power generation capacity

Long coastline • Most of the Coal Based Power Plants in the coastal
• 2nd largest in India – 974 km. region.
• Visakhapatnam port ranks 4th in terms of port traffic. • 24x7 power in commercial as well as domestic
region.

Growing Exports
• The state recorded exports of US$ 13.02 billion during 2017-18.
• Accounts for a major share in the overall exports of seafood
products from India, in value terms.

Key Government Policies and Objectives

• Develop Andhra Pradesh as an IoT hub and accomplish a considerable share
Andhra Pradesh Internet of Things (IoT) Policy 2016-2020
in the country’s IoT market by 2020

• Aid the development of solar power projects in the state and attract new
Andhra Pradesh Solar Power Policy 2015
investments for capacity addition of 5,000 MW over next five years.

• Be among the top 3 states in terms of industrial investments by 2022 and be

Industrial Development Policy 2015-2020
the most preferred logistics hub

• Develop and promote textile and apparel industry in the state by focusing on
Textile & Apparel Policy 2015-2020
spinning, weaving, processing and garmenting units.

• Create a conducive ecosystem to provide all clearances required to setup

Andhra Pradesh Single Desk Policy 2015-2020
industry within 21 working days

Government Vision for the State

2022 2029 2050

Secure one of the top three Eliminate poverty, reduce Target AP as world’s best
positions in India in terms of economic and social investment destination
industrial development inequalities, leading to the
formation of a healthy and
happy society by 2029