Newsroom, January 19, 2026: Andhra Pradesh Chief Minister N. Chandrababu Naidu announced a ₹50-crore corpus fund during his address at the World Economic Forum in Davos, Switzerland.
The fund, routed through the Ratan Tata Innovation Hub, will provide mentoring, guidance, and support to young entrepreneurs, helping them turn ideas into scalable businesses and emerge as future industry leaders.
Speaking to the Telugu diaspora in Zurich on the first day of the WEF annual meeting, Naidu spotlighted Andhra Pradesh's push for innovation in AI, quantum computing, drones, healthcare, and agriculture. The state has secured ₹22 lakh crore in investment commitments over the past 18 months, promising 20 lakh jobs, with major inflows from global firms.