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Andhra Pradesh's CM lauds 2026 Union Budget for boosting high-speed rail, semiconductors, data centers, and MSMEs.
N. Chandrababu Naidu, the chief minister of Andhra Pradesh, praised the 2026 Union Budget as "forward-looking and balanced," emphasizing its inclusion in the Rare Earth Corridor, support for high-speed rail corridors, and a 40,000 crore ISM 2.0 allocation for semiconductor manufacturing.
In addition to support for MSMEs, renewable energy, agriculture, textiles, and tourism, he welcomed extended tax exemptions for data centers through 2047, which could spur AI and job growth in Visakhapatnam.
The budget's emphasis on ease of doing business and logistics was also mentioned as advantageous for the long-term growth of the state.
El CM de Andhra Pradesh elogia el presupuesto 2026 de la Unión para impulsar el ferrocarril de alta velocidad, los semiconductores, los centros de datos y las MSMEs.