Andhra Pradesh CM Announces Fund and AI Hub to Promote Entrepreneurship and Innovation

Andhra Pradesh Chief Minister N. Chandrababu Naidu announced initiatives to boost entrepreneurship and innovation during his Davos visit, including a ₹50-crore fund and support through the Ratan Tata Innovation Hub. The state aims to develop as a hub for AI-driven creative enterprises, digital media, and technology sectors, encouraging investments in areas like generative AI, drones, and virtual reality. Naidu highlighted opportunities for non-resident Telugus and emphasized education loans and research infrastructure to foster growth and employment.