Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated five industrial units in Sri City and approved 12 additional projects worth over ₹2,300 crore at the CII Partnership Summit. The new investments across key sectors are expected to generate more than 12,000 job
The South Korean giant’s investment in Andhra Pradesh is the largest single stage electronics investment in South India. Production at the home appliance factory is expected to begin at the end of next year
The Japanese company is looking to use the facility for exports and will primarily target the Middle East and African markets, they told reporters here.
