This paper makes an attempt to enquire into the politics of state-business relations, how it has affected industrial development in general, and expansion of the manufacturing sector in the State of Andhra Pradesh (AP) in particular. In AP, SBRs have evolved gradually under different political regimes - from 'indifferent' SBRs during the initial decades passing through critical junctures in the form of 'active' and
'proactive' phases and finally reaching their zenith during Chandrababu Naidu