[1] After a decade, Naidu's third term commenced on 8 June 2014 and ended on 29 May 2019, during which he served as the chief minister of the bifurcated Andhra Pradesh, sworn in by the then governor, E. S. L.

[13][14] In the subsequent 2004 and 2009 elections, Naidu's led TDP lost decisively restricting itself to 47 and 92 seats respectively and served as the opposition in the Andhra Pradesh Legislative Assembly.

[29][30] In way of investments and attractive incentives, the Naidu government won the honour of best tourism performing state[31] with about 24% in all national tourist arrivals, record international aircraft movements, and occupancy raised by 100% in the same year.

[38] Andhra Pradesh also ranked top in the Ease of Doing Business according to team of researchers led by Tan Khee Giap, co-director of Asia Competitiveness Institute.

Tan recognised chief minister N Chandrababu Naidu's leadership and relentless efforts in shaping a vision for the new sunrise state of Andhra Pradesh.

[39] Naidu headed the chief ministers' committee on digital payments during the time when TDP was part of the BJP-led National Democratic Alliance.

[41][42][43] With the attempt to take the benefits of e-governance to the citizens, Naidu launched e-Seva centers in 2001 for paperless and speedy delivery of results to applicants.

[44] These e-Seva centers served the purpose of one-stop solution providing all government information and services online such as utility bills, banking services, issuing birth and death certificates, written test for drivers licence, government orders, and APSRTC tours and travel operators booking.

[53] The core concentrated areas are community work, primary school education, drinking water, health and hospitals, family welfare, and environmental protection through watershed and joint forest management activities.

[56][57] From 1997 onward, the 'Clean and Green Campaign' was initiated where school students and teachers participated in institutional and household plantation with government employees.

[60] The main purpose was to offer microfinance through government and bank-linkage that would help rural women to start income generating activities, know about their rights, and the importance of education.

[61][62] Prajalato Mukhyamantri a phone-in initiative is a programme that encourages open dialogue between the chief minister and the common people of Andhra Pradesh state.

[63] There is a live broadcast every Monday, on both Doordarshan and All India Radio (AIR) where Naidu interacts with the callers directly to know their issues and address them.

[70] In November 1998, Atal Bihari Vajpayee, then prime minister of India and Chandrababu Naidu inaugurated the HITEC City (nickanamed Cyberabad) by opening the Cyber Towers, a landmark building in Hyderabad.

[71] In anticipation of the growth of technology in the future, his government also concentrated on providing infrastructure such as roads, safety and resilience, transportation, telecommunications, IT parks and five-star hotels for the delegates' meetings and accommodation and the HITEX International Convention and Exhibition Center.

Naidu, at a press conference, discussed his plan to develop the state of Andhra Pradesh by making the major cities showpieces for foreign investment, especially in "key sectors such as information technology, biotechnology, healthcare, and various outsourcing services"[74] and gave a brief PowerPoint presentation to Bill Gates[75] that convinced him to establish Microsoft Corporation Research and Development (R&D) in Hyderabad, the company's second-largest research and development campus outside the United States, a significant milestone in Hyderabad's bid to become an information technology hub.

[76] In 2001, the Naidu government declared the creation of the Cyberabad Development Authority (CDA) as a special enclave for the location of IT firms, research institutions and allied services around the existing HITEC City area in Hyderabad.

[77] The economic reforms and new policy initiatives taken by the Naidu government in creating HITEC City provided a boost to Hyderabad's urbanisation and, with big tech industry jobs in hand, has increased consumer purchasing power, leading to massive real estate developments, gated residential apartments, food and restaurants, intelligent business offices, cinema, and shopping malls in the area[78] and Naidu's efforts to make HITEC City India's first and largest cybercity while today Cyberabad is a big technological project in Hyderabad, which emerged as the backbone of Telangana state's economy.

[79] in 1999, Naidu established the Pharma City, an original, state-of-the-art biotechnology park in the country to the north of Hyderabad and promoted Genome Valley[80][81] to leading multinational pharmaceutical companies like Novartis Pharma India, Shantha Biotechnics, Bharat Biotech, Biocon, Biological E. Limited, Jupiter Biosciences, and also requested other global IT companies like IBM, Dell, HSBC, Oracle Corporation to move to Hyderabad, making presentations to global CEOs and convincing them to invest and establish offices in Hyderabad.

[90][91] This tenure also witnessed the commissioning of the construction of Rajiv Gandhi International Cricket Stadium as proposed by the Hyderabad Cricket Association in 2003 and the government allocated the land for the purpose in Uppal, Hyderabad along with the contract for an open auction for the construction which was later inaugurated by the subsequent congress government after the completion of the stadium in entirely and named to honour the former Prime minister Rajiv Gandhi.

[100] A similar pension scheme NTR Bharosa[101] was introduced to benefit the vulnerable sections of the society covering old aged, weavers, widows, disabled, toddy toppers, transgenders, fishermen and also to people needing Antiretroviral Therapy and suffering with Chronic Kidney Disease of Unknown Aetiology.

[107][108] Mukhyamantri Yuvanestham scheme was introduced to provide financial aid of ₹1000 every month to the unemployed youth ranging from the age of 20 to 30 years.

[117][118] It was prepared in collaboration with US consultants, McKinsey & Company, who proposed the following:[119][120] After returning as Chief Minister in 2014, Naidu updated the document to version 2.0, titled Sunrise AP Vision 2029.

[125] In the year 2014, Visakhapatnam and the neighbouring districts of Vizianagaram and Srikakulam of Andhra Pradesh was affected with a cyclone called Hudhud during Naidu's third term.