Andhra Pradesh to Enact Investors Protection Act
Andhra Pradesh will enact an Investors Protection Act to safeguard industrial interests from political vendetta and regime changes.
Chief Minister N. Chandrababu Naidu and Minister Nara Lokesh announced plans to enact an Investors Protection Act to safeguard domestic and foreign investors from political vendetta and regime changes. Speaking at the 31st Confederation of Indian Industry Partnership Summit in Visakhapatnam on November 12, 2026, Naidu stated the state-level bill would be sent to the central government after passing through the Assembly.
Both leaders urged Union Commerce and Industry Minister Piyush Goyal to help convert the proposal into a national law to increase global investor confidence in India. Nara Lokesh noted that Andhra Pradesh aims to be the first Indian state to implement such legislation, asserting that it will provide greater assurance to industrialists.
Lokesh reported that since June 2024, the state has attracted investment commitments worth Rs 22.6 lakh crore, with 73% already sanctioned and 51% grounded, which is expected to create 12.7 lakh jobs. To ensure incentives are delivered without government interference, the state has implemented escrow accounts. Additionally, the government plans to double port cargo-handling capacity within three years by developing four new greenfield ports in Ramayapatnam, Mulapeta, Machilipatnam, and Kakinada.