Andhra Pradesh

AP govt promoting industry and trade: Minister G Amarnath

Amaravati: Andhra Pradesh Industries, Commerce, Infrastructure, and Investments minister Gudivada Amarnath said that while chief minister YS Jagan Mohan Reddy is promoting industry and trade in a big way, Telugu Desam Party (TDP) has been trying to spoil the brand image of the state with its malicious propaganda.

ADVERTISEMENT

Speaking to the media at the party central office here on Thursday, the minister said that welfare and development are the two eyes of the government and the state government is ready to extend full support and provide all facilities to the companies, willing to invest in Andhra Pradesh.

“The chief minister has participated in the ground-breaking ceremony of Hilltop SEZ Footwear India Ltd (Apache) which is coming up with an investment of about Rs 800 crore providing direct employment to 10000 people. He also inaugurated marque companies in the electronic manufacturing cluster,” he said.

ADVERTISEMENT

He further said that a total of six projects with over Rs 4000 crore investment and 20,000 jobs have come to Andhra Pradesh, of which three companies have been inaugurated and the foundation was laid for another three companies.

“In regard to the companies that were inaugurated, TCL company had invested Rs 1230 crore for manufacturing TV panels and mobile display units by employing over 3200 people. Foxlink manufacturing unit that manufactures USB Cables and Circuit Boards, with an investment of Rs 1050 crore and created 1200 jobs, he said. Also, he inaugurated Sunny Opotech which manufactures camera lenses for cell phones and invested Rs 280 crore and created employment for 1200 people,” the minister said.

ADVERTISEMENT

The Minister remarked that N Chandrababu Naidu and N Lokesh have been continuously propagating false information through their tweets. He said that Naidu cheated people of the state with fake MoUs and a capital through graphics.

ADVERTISEMENT

This post was last modified on June 24, 2022 11:50 am

Share
News Desk

NewsDesk is our dedicated team of multimedia journalists at Siasat.com, delivering round-the-clock coverage of breaking news and events worldwide. As your trusted news source, NewsDesk provides verified updates on politics, business, current affairs, and more. Stay informed with live blogs and comprehensive reports on key developments across India and around the globe.

Load more...