Naidu lays foundation stone for Electronics Park in AP

Andhra Pradesh Chief Minister N Chandrababu Naidu today laid the foundation stone for the Elcina Raaga Mayuri Electronics Park at Chilamattur village in Ananthapuramu district in the Rayalaseema region of the state.
The Park, which will come up on a 50-acre site on the National Highway close to Bengaluru, will be the largest electronics manufacturing cluster in the country, state government officials said.
Taken up in collaboration with Electronic Industries Association of India (Elcina), the park will be developed by the KJR Group which has already entered into memoranda of understanding with several manufacturers for setting up electronic component manufacturing units for defence, aerospace and other sectors.

An initial investment of Rs 350 crore is expected for these units while the overall investment may touch Rs 2,000 crore when the Park is fully developed.
The state government will create infrastructure like roads, power and water supply and also establish a training centre, an official release said.
The Electronics Park will have high-rise buildings of 30 to 35 floors each and provide employment to thousands of people, it added.
About 10,000 persons are expected to secure jobs in the first phase and the total employment could be 40,000 once the Park is fully ready in the next couple of years.

AP Minister for Information Technology Palle Raghunatha Reddy, Hindupur MLA Nandamuri Balakrishna and others attended the event.