Amaravati – Chief Minister N. Chandrababu Naidu has directed officials to draft strategic plans aimed at achieving a 15% growth target following strong Q2 performance across key sectors.
Key Highlights
- Strong Overall Growth: Andhra Pradesh recorded an economic growth rate of 10.7% in the second quarter of the 2025โ26 fiscal year.
- Sector Breakdown: Growth was spearheaded by the agriculture sector at 13.5%, followed closely by industry at 10.6% and the services sector at 9.9%.
- Ambitious Future Targets: Chief Minister N. Chandrababu Naidu has instructed state officials to formulate robust plans to push the economy toward a 15% growth target.
- Overcoming Obstacles: The impressive performance and future goals come despite ongoing climatic hurdles and pressures related to El Niรฑo-related challenges.
Robust Sectoral Performance
The state’s latest economic data highlights a resilient upward trajectory, driven primarily by stellar numbers in the primary and secondary sectors. Agriculture outpaced all other segments with a remarkable 13.5% growth rate, proving resilient in the face of seasonal anomalies. Meanwhile, industrial expansion remained robust at 10.6%, and the services sector contributed steadily with a 9.9% growth rate.
Driving Toward a 15% Growth Goal
Building on the momentum of the Q2 performance, Chief Minister N. Chandrababu Naidu has taken a proactive stance on the state’s fiscal future. During high-level reviews, Naidu directed government officials and administrative departments to design targeted policy frameworks and execution strategies. The ultimate objective is to scale state growth up to 15%, ensuring that development initiatives continue unhindered despite lingering El Niรฑo-related agricultural and economic challenges.