Naidu Welcomes Union Budget Boosting Andhra Development

Andhra Pradesh Chief Minister N. Chandrababu Naidu on February 1, 2026 welcomed the Union Budget as a "forward-looking and balanced blueprint" aligned with the state's priorities. He highlighted allocations including a ₹40,000 crore ISM 2.0 semiconductor fund, inclusion in a Dedicated Rare Earth Corridor, tax incentives for data centres through 2047, and proposed high-speed rail corridors linking Hyderabad, Bengaluru and Chennai. Naidu said these measures will bolster industrial growth, MSMEs, tourism, and AI/data-centre investments across Andhra Pradesh.