The economy of andhra pradesh is basically an economy of
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Andhra Pradesh Economy. Andhra Pradesh economy has registered over 5.5% annual economic growth rate during the last two decades. Andhra Pradesh (AP) has been an exporter of many agricultural products. Besides, the state is also one of the most industrially developed states of India.
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The economy is primarily dependent on agriculture, which directly and indirectly employs 62% of the population. ... The state has been ranked the best state in ease of doing business in the country by the World Bank.
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