India pulling factor for global economic growth: Andhra CM Chandrababu Naidu

AP Chief Minister says in 1995, it was information technology and in 2025, it is artificial intelligence

New Delhi: India is set to play a crucial role in artificial intelligence (AI) and green energy sectors, emerging as a major driver of global economic growth, Andhra Pradesh Chief Minister N Chandrababu Naidu said on Monday.

Speaking at a press conference just before the 16th Finance Commission meeting here, Naidu said there was significant global interest in India’s development trajectory at the World Economic Forum held in Davos. “India is the pulling factor for the global economic growth,” the TDP chief told reporters.

---

Drawing parallels between the IT revolution of 1995 and current developments, Naidu said AI has become the “order of the day” with applications across all sectors.

“In 1995, it was information technology and in 2025 it is AI. At that time, I was party to it, and even today I am party and in power,” he said.

The Andhra CM identified two major themes that dominated Davos discussions — artificial intelligence and green energy initiatives, particularly green hydrogen production. He emphasised the growing focus on reducing global warming through green energy solutions and downstream industries.

Naidu, who played a key role in India’s IT revolution, expressed confidence about the country’s competitive advantage in the AI sector.

The World Economic Forum this year saw increased attention on emerging economies, with India’s technological advancement and environmental initiatives drawing particular interest from global leaders.