Vice-President C P Radhakrishnan praised Andhra Pradesh's development at the 31st CII Partnership Summit in Visakhapatnam and called for translating investment commitments into tangible outcomes.
Vice-President lauds Andhra Pradesh's development under Chief Minister Chandrababu Naidu
Andhra Pradesh emerging as a major gateway for India's global economic engagement
India aims to lead the emerging global economic order by 2047
Vice-President addresses the valedictory session of the 31st CII Partnership Summit in Visakhapatnam
Visakhapatnam: Vice-President of India C. P. Radhakrishnan on Friday called for translating investment commitments into tangible outcomes, stressing that agreements and assurances made at investment summits must lead to concrete results on the ground.
Addressing the valedictory session of the 31st CII Partnership Summit in Visakhapatnam, he praised Andhra Pradesh's development trajectory under the leadership of Chief Minister N. Chandrababu Naidu and described the State as an emerging gateway for India's global economic engagement.
The Vice-President noted that Andhra Pradesh had attracted 714 investment projects worth more than Rs. 22 lakh crore since June 2024, reflecting strong investor confidence and the State's growing economic momentum.
Radhakrishnan said the State's vision of Swarna Andhra 2047 was aligned with Prime Minister Narendra Modi's vision of Viksit Bharat 2047.
Investments in green energy, artificial intelligence, semiconductors, quantum technology, ports, aerospace and advanced manufacturing were positioning Andhra Pradesh as an emerging hub for industry and innovation, he observed.
Referring to the summit's theme, 'Navigating the New World Order: Trade, Technology and Trust', he said geopolitical uncertainties, technological disruptions, climate change and evolving global supply chains were reshaping the international economic landscape.
However, periods of uncertainty also created new opportunities. Countries that demonstrated adaptability, innovation and the ability to build trusted partnerships would be better positioned to shape the future, he said.
Expressing confidence in India's growth prospects, the Vice-President said the country was moving steadily towards becoming a developed nation by 2047 under Prime Minister Narendra Modi's leadership.
India's growing economic strength, young and skilled workforce, vibrant entrepreneurial ecosystem and expanding manufacturing and services sectors provided a strong foundation for its future growth.
He said India aspired not merely to participate in the emerging global economic order but also to play a leading role in shaping it.
Highlighting the transformative potential of artificial intelligence, semiconductors, quantum computing, biotechnology, advanced manufacturing and digital platforms, he said these technologies would play a crucial role in driving future economic growth.
He clarified that Atmanirbhar Bharat should not be viewed as turning inward. Instead, it meant strengthening domestic capabilities, improving competitiveness and integrating more deeply with global markets.
The Vice-President emphasised that the responsibility of building a developed India by 2047 could not rest with the Government alone. Industry, academia, entrepreneurs, young people and international partners must actively contribute to the national development effort.
Calling for collective participation in line with Prime Minister Modi's vision of Sabka Prayas, he said every stakeholder had an important role in achieving the country's long-term development goals.
Concluding his address, Radhakrishnan urged stakeholders to move from dialogue to action, from opportunity to achievement, and from partnership to shared prosperity. He also appreciated the participating countries, international delegates, industry leaders and institutions for their contribution to the summit.
Andhra Pradesh Governor S. Abdul Nazeer, Chief Minister N. Chandrababu Naidu, Union Minister for New and Renewable Energy, Consumer Affairs, Food and Public Distribution, and Education Pralhad Joshi, Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu, State Ministers Nara Lokesh and T. G. Bharath, CII Director General Chandrajit Banerjee and CII President Designate Dr. Suchitra Ella were among those present.
