Amaravati, Dec 8 (LatestNewsX) – Andhra Pradesh’s chief minister, N. Chandrababu Naidu, announced that the state’s economy is accelerating, surpassing the national average in the second quarter of the 2025‑26 financial year.
In a news conference, Naidu revealed that the state’s Gross Value Added rose to 11.30 % this quarter, up from 10.26 % in the same period last year, while the Gross State Domestic Product climbed to 11.28 % from 10.17 % previously. By comparison, India’s GDP grew by 8.7 % in the quarter.
“We’re pleased to see Andhra Pradesh’s growth trajectory climb even higher in Q2 2025‑26 with an 11.28 % rise in GSDP,” Naidu said on X. “What’s especially encouraging is the 12.20 % jump in the industrial sector, and the fact that every major segment is moving forward thanks to clear policies, disciplined fiscal management and a shared commitment to development.”
During a PowerPoint presentation, he credited the NDA government for transforming the economy from a stalled phase to one of robust growth across all areas. He highlighted that investor confidence has surged, drawing investments of ₹20 lakh crore.
Naidu noted that between 2014‑19, Andhra Pradesh’s average GSDP growth hit 13.49 %. From 2019‑24 under the prior administration, it stood at 10.32 %. He added that if the 13.5 % rate had persisted, the state could have generated an extra ₹76,195 crore in revenue.
On per‑capita income, the state’s average is ₹2,66,240 crore, showing an 11.89 % increase versus the national 8.7 %. Doubling the per‑capita growth from 7.5 % to 15 % would quadruple GSDP and per‑capita income.
The chief minister detailed sectoral performance for Q2 2025‑26: industry grew 12.20 %, while all‑India growth was 8.5 %. Mining and quarrying led with 18.43 %, construction followed at 11.81 %, manufacturing at 11.66 %, and electricity at 11.96 %. Power generation expanded 19.12 % from 22,529 MUs to 26,837 MUs, aligning with a modest 4.17 % rise in power demand.
Agriculture also saw a healthy 11.43 % uptick, against a national rise of 1.8 %. The combined agriculture‑and‑allied sectors grew 10.70 %, while fishing and aquaculture boomed with a 26.27 % increase in the quarter.
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