The Chief Minister promised free land, incentives, and sponsorship for five women leaders to attend the Davos Summit.
Andhra Pradesh Chief Minister N Chandrababu Naidu announced on Thursday that the state will establish a dedicated technology park for women entrepreneurs. According to The New Indian Express, the government will provide free land and incentives to encourage women-led businesses.
Speaking at the ‘Women and Growth Summit-2026’ in Visakhapatnam, Naidu said the state would also facilitate the participation of five women entrepreneurs from Andhra Pradesh at the Davos Summit. He expressed a commitment to increasing the women's workforce participation from the current 35.8 per cent to 50 per cent, as reported by The Hindu.
The Chief Minister highlighted the economic role of 1.13 crore women members in Self-Help Groups (SHGs), who manage a Rs 30,000 crore corpus. These groups generate an annual turnover of nearly Rs 1 lakh crore with a 99.6 per cent loan repayment rate. The government is using the ‘Swayam AP’ brand to provide market linkages for these products.
Naidu also noted that 60,000 house-site pattas worth Rs 50,000 crore were recently registered in women's names in Visakhapatnam, Vijayawada, and Mangalagiri. He called on all political parties to implement 33 per cent reservation for women in legislative bodies.
The summit was attended by former Union Minister Smriti Irani and CII president-designate Suchitra Ella. Naidu stated that emerging sectors such as AI, drones, and semiconductors offer significant opportunities for women.
