Visakhapatnam: The Indian Navy has suffered a loss of Rs.2,000 crore due to the severe cyclonic storm Hudhud, which wreaked havoc on Andhra coast Sunday, said Chief Minister N Chandrababu Naidu.

Naidu Tuesday told reporters that the "navy suffered a loss of Rs.2,000 crores" and the cyclone has caused huge losses to various institutions in the city.