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AP Davos 2026 Highlights: Lakshmi Mittal’s Steel Plant, AI University, and the Future of Amaravati - AP Events

 

AP Davos 2026 Highlights: Lakshmi Mittal’s Steel Plant, AI University, and the Future of Amaravati - AP Events



The 2026 World Economic Forum (WEF) in Davos witnessed a high-octane performance by Andhra Pradesh, led by Chief Minister Nara Chandrababu Naidu and IT Minister Nara Lokesh. With a focus on shifting from "Ease of Doing Business" to "Speed of Doing Business," the duo successfully positioned Andhra Pradesh as India’s "High-Impact Gateway" for global investors.

Below is a detailed breakdown of their visit, major MoUs, and the state’s ambitious development road map.


The "Speed of Doing Business" Era


The 2026 summit was more than just meetings; it was a showcase of a future-ready state. CM Chandrababu Naidu participated in over 36 high-level meetings, including sessions with 16 global CEOs such as Thomas Kurian (Google Cloud), Arvind Krishna (IBM), and Lakshmi Mittal (ArcelorMittal).


💎 Key Highlights & Major MoUs


The delegation secured massive investment commitments and strategic partnerships that are set to redefine the state’s landscape:


  1. The $10 Billion RMZ Partnership: A landmark agreement with RMZ to invest approximately $10 billion over the next 5–6 years. This includes:

    • A 10 million sq. ft. Global Capability Center (GCC) in Visakhapatnam.

    • A 1 GW Hyperscale Data Center cluster in the Vizag region.

    • An Industrial and Logistics Park in Tekulodu (Rayalaseema).

  2. Quantum Leap with IBM & TCS: Nara Lokesh announced that Amaravati will host South Asia’s most powerful quantum computer (IBM Quantum System Two) by July 2026. This initiative aims to build a "Quantum Valley" for research and startups.

  3. Clean Energy Hub: In discussions with global giants like Vestas (wind turbines) and JERA (Japan’s power leader), the state pitched itself as a hub for Green Ammonia and offshore wind energy.

  4. The AI Revolution: CM Naidu unveiled the "One Family, One AI Use Case" vision, alongside plans for India's first AI University in Amaravati in collaboration with NVIDIA.


🏗️ State Development Initiatives: 2026 & Beyond


Andhra Pradesh is not just chasing MoUs; it is grounding them. The CM confirmed that ₹2.5 lakh crore of investment pledges from the previous year have already been grounded.


🟢 Green Energy & Sustainability


  • Natural Farming: AP is preparing to become the world’s largest natural farming ecosystem, targeting 50 lakh acres and 1.8 million farmers using chemical-free practices.

  • Green Hydrogen: Significant focus on green ammonia projects to support India’s net-zero goals.


🌐 Digital & Urban Infrastructure


  • Amaravati – The "Day-Zero Ready" City: The government aims to make the capital city a "Day-Zero Ready State" by 2035, featuring state-of-the-art digital infrastructure.

  • Drone Ecosystem: The state is pioneering drone usage in agriculture and healthcare, with plans to launch drone ambulances by late 2026.


🏗️ The ArcelorMittal Anchor: A ₹60,000 Crore Industrial Landmark

One of the most significant outcomes of the Davos 2026 summit was the concrete progress on the ArcelorMittal Nippon Steel (AM/NS) integrated steel plant. In a high-level meeting with Executive Chairman Lakshmi Mittal and CEO Aditya Mittal, CM Naidu announced that the wait for this mega-project is over.


  • Project Location: Rajayyapeta, Anakapalli District.

  • Investment: The first phase involves a staggering ₹60,000 crore.

  • Timeline: The foundation stone is officially scheduled to be laid after February 15, 2026.

  • Strategic Vision: The plant will focus on flat steel production, essential for the automotive and consumer goods sectors.

  • Government Support: The CM has directed Ministers Nara Lokesh and TG Bharat to personally oversee all central and state clearances to ensure there is zero delay in the groundbreaking ceremony.

 

📊 Quick Summary Table: Davos 2026 Gains



SectorKey PartnerMajor Outcome
Heavy IndustryArcelorMittal Nippon Steel₹60,000 Cr Steel Plant (Anakapalli)
InfrastructureRMZ Group$10 Billion Mixed-use & Digital Infra
Tech/AIIBM, NVIDIAQuantum Valley & AI University
Clean EnergyJERA, VestasGreen Ammonia & Wind Energy Hubs



❓ Frequently Asked Questions (FAQs)



Q1: What was the main theme of AP’s pitch at Davos 2026?


The theme was “The Andhra Pradesh Advantage: India's High-Impact Gateway,” focusing on the "Speed of Doing Business" and policy certainty.


Q2: How many jobs are expected from the recent Davos MoUs?


The partnership with RMZ alone is expected to create over 1 lakh jobs across the IT, data center, and logistics sectors.


Q3: What is the "One Family, One Entrepreneur" scheme?


Launched by CM Naidu, it aims to catalyze household-level enterprises, supported by a ₹25,000-crore corpus for self-help groups (SHGs).


Q4: When will the Quantum Computer be operational in AP?


The IBM Quantum System Two is scheduled to be hosted in Amaravati by July 2026.


Q5: When will work start on the ArcelorMittal plant in AP? 


The foundation stone for the ArcelorMittal Nippon Steel plant in Anakapalli will be laid after February 15, 2026, as confirmed by CM Naidu at Davos.


AP CM's Davos Strategy and Vision

This video provides a professional breakdown of the investment strategy and why global brands are focusing on Andhra Pradesh's manufacturing and tech sectors.

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