According to a report by The Print on November 23, Andhra Pradesh secured investment proposals totaling Rs 13.25 lakh crore (Rs 132.5 billion) at the CII Partner Summit 2025 in India, which has caused dissatisfaction among neighboring states such as Karnataka. Key investment projects include Sarla Aviation, a company based in Karnataka, collaborating with Andhra Pradesh to build India's first "ultra-large" electric vertical take-off and landing (eVTOL) aircraft manufacturing center called "Sky Factory," and Google's announcement to invest $15 billion in Visakhapatnam, Andhra Pradesh, to establish India's first artificial intelligence center. Meanwhile, several companies such as Hwaseung and Premier Energies, originally located in Tamil Nadu and Telangana, have moved to Andhra Pradesh. Andhra Pradesh stated that its low-cost industrial land, strategic location near industrial centers, and market logic of corporate choice are key factors in attracting investments. However, neighboring states reacted strongly. Karnataka and Telangana believe that Andhra Pradesh is "snatching projects with unsustainable incentives." Chief Ministers of Karnataka, Telangana, and Telangana have been criticized by opposition parties for "ineffective governance" due to continuously missing key investments. Priyank Kharge, a member of the Congress party and Minister for Rural Development in Karnataka, criticized the Modi-led central government for "directing investments to BJP-friendly states."
Original article: www.toutiao.com/article/1849689413690368/
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