The state is a logistics marvel on the eastern coast with a coastline of 974 Km which is the second-longest in India. New business opportunities in Andhra Pradesh are plenty as the state has 6 ports, 6 airports, over 123,000 km of the road network and 2,600 km of the rail network, and an around-the-clock power supply. The state has an installed power capacity of over 24,000 MW and has abundant water resources with 10% consumption allocated for industrial development through Krishna and Godavari River basins. It has been Ranked No. 1 in the implementation of Energy efficiency and conservation programmes by the World Bank. For 2018-19, Andhra Pradesh’s growth rate is estimated to be 11.02%, much higher than the national average
The state's Industrial output was $22.1 Bn in FY 2019-20, growing at YoY growth of 5.67%. The major industries in Andhra Pradesh span across Automobile & Auto-components, Electronics, Food Processing, Biotechnology & Lifesciences, Capital Goods, Mining, Textiles & Leather, and IT & ITeS. Sri City Special Economic Zone that houses 180 companies from 27 countries, is a key example of well-planned infrastructure at a strategic location near Chennai.
Andhra Pradesh ranks #1 in the Business Reform Action Plan 2019 Rankings
Largest offshore gas field in India at KG basin
Largest producer of fruits and oil palm in India