The minister credited India's progress to a series of bold structural reforms.
India Unveils USD 25 Billion Telecom Opportunity: Dr Chandra Shekhar Urges Global Investors to Build the Next Decade
India has made a strong invitation for global investors to join its next phase of economic rise. Union Minister of State for Communications and Rural Development “Dr Pemmasani Chandra Shekhar” urged industry leaders to participate in India’s Empowerment Journey. At the “CII Partnership Summit in Visakhapatnam”, the minister said India’s transformation over the past decade is rooted in a massive “mindset metamorphosis” that is driven by reforms, technology adoption, and an empowered entrepreneurial ecosystem.
Highlighting new opportunities in the digital and manufacturing sectors, Dr Chandra Shekhar announced a “USD 25 billion opportunity in telecom component manufacturing”, backed by the Centre’s commitment to fast-track approvals, simplified compliance, and support for global companies looking to build in India. He emphasised that investing in India means tapping into the “world’s largest rising middle class” and becoming part of a growth story set to influence global business for decades.
The minister credited India’s progress to a series of bold structural reforms—including “USD 1.4 trillion infrastructure investments”, “USD 26 billion PLI schemes”, simplified labour laws, GST-led market integration, the abolition of retrospective taxation, and the Insolvency and Bankruptcy Code. He said that these measures have shifted India from a “license-raj mentality” to a “trust-first, innovation-driven economy”, transforming the nation from a large consumer market into a “trusted global creator and partner”.
Dr Chandra Shekhar also showcased “Andhra Pradesh” as one of India’s most promising investment destinations. He praised Chief Minister “N. Chandrababu Naidu** for building strong industrial ecosystems and highlighted the State’s emergence as key sectoral hubs — “Cyberabad for IT”, “Visakhapatnam for industry and fintech”, “Anantapur for automobiles”, and “Tirupati for electronics”. Initiatives such as “Genome Valley”, a strong talent pool, six major ports, and large renewable-energy potential have further boosted global investor confidence.
With young leaders like “Nara Lokesh” and “TG Bharath” driving momentum, the minister said Andhra Pradesh is “not just investment-ready, but investment-hungry,” offering speed, facilitation, and a robust governance model for industries looking to scale.
India, he declared, “is not just riding the tide—India is the tide,” calling upon global investors to help shape the nation’s next chapter of growth.