Amaravati, Jan 4 (IANS): Andhra Pradesh has topped in ease of doing business ranking by National University of Singapore.

Maharashtra secured second and Delhi third position in the ranking by team of researchers led by Dr Tan Khee Giap, co-director, Asia Competitiveness Institute (ACI), Lee Kuan Yew School of Public Policy, National University of Singapore.

The institute has announced the 2018 ease of doing business index attractiveness to investors, business friendliness, competitiveness policies (ABC) rankings, according to a statement from Chief Minister's office here.

Expressing his happiness over Andhra Pradesh being ranked as number one, Chief Minister N Chandrababu Naidu said that international investors look for stable government with strong policies before coming forward for investments. He said the state government would take into consideration the observations made in the report and overcome the weaknesses.

Naidu said that the government is planning to distribute smart phone to each family for ease of living. He said nearly 14 million smart phones should be manufactured for distribution in the state.