Prime Minister's Office
Text of PM's address at the launch of development projects in Andhra Pradesh
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Source-grounded summary
Prime Minister Narendra Modi inaugurated development projects in Andhra Pradesh amounting to roughly ₹18 trillion (₹18,000 crore). The launch included a new airport named after Alluri Sitaram Raju, road‑connectivity schemes, energy‑security initiatives, and extensive rail‑infrastructure worth about ₹1 lakh crore. The address highlighted the growth of India’s aviation sector (from 74 airports in 2014 to 166 now) and announced further investment in the second phase of the ‘Udaan’ flight‑fare scheme (₹29,000 crore). It also mentioned upcoming semiconductor plants, AI and data‑centre infrastructure, pharma parks, and green‑energy projects, positioning the Visakhapatnam Economic Region as a future Asian hub.