Jump to content

Investments in AP in electronics sector


shango

Recommended Posts

With the government of Andhra Pradesh aiming to attract investments worth Rs.40,000 crore and create 4 lakh jobs, here's the progress in the electronics sector in the last two years.

  1. Foxconn - One of the largest manufacturers of mobile phones has set up a manufacturing plant in Chittoor.
    No.of jobs to be created: Phase 1 - 6,000 jobs; Phase 2 - 1,000 jobs
    Capacity: Phase 1 - 1 million smartphones; Phase 2 - 2.5 million smartphones
  2. Xiaomi - The Chinese handset maker has partnered with Foxconn to launch its first India-made smartphone in Visakhapatnam.
  3. BEL - Setting up a defence system integration complex in Palasamudram of Anantapur district with an investment of Rs. 500 crore.
  4. Gionee - The smartphone maker has partnered with Foxconn to manufacture its F and P series smartphones at the Sri City facility, with an investment of Rs. 300 crore.
  5. Reliance
  6. BHEL

Upcoming projects:

At the Venkateshwara Mobile and Electronics Manufacturing Hub at the industrial park at Renigunta near Tirupati, at the 122-acre electronics manufacturing hub in Tirupati, Micromax will utilise 15 acres, Celkon 20 acres, Karbonn 15.28 acres and Lava 20 acres for their respective facilities.

Together, the four brands are aiming to produce more than seven crore devices at the production hub per year. They will be investing Rs 2,000 crores in phases at the hub, located near Renigunta airport, Chittoor district.

  1. Celkon Mobiles
  2. Lava
  3. Karbonn
  4. Micromax
  5. Asus
  6. One Plus
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...