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May 04, 2021
New Electronics Policy to promote Electronics Manufacturing Cluster in Kadapa
The Andhra Pradesh Cabinet has approved the State’s Electronics Policy for the period 2021-24, with an aim to create a ‘world-class electronics manufacturing infrastructure’ and improve the Ease of Doing Business (EoDB) significantly.
Besides dovetailing its own Production Linked Incentives for firms with that of Central schemes, the State would develop a greenfield YSR Electronics Manufacturing Cluster (YSR EMC) at Kopparthy in Kadapa district.
Slew of incentives
The policy, approved by the Cabinet at Amaravati on Tuesday, offers a host of incentives to reduce the cost of doing business in the State. It pegs creation of at least 39,000 direct jobs in the electronics manufacturing sector. “A majority of new jobs would go to women workers,” the policy says.
New electronics policy to aid women empowerment
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It offers incentives to the manufacturers keen on expanding operations in the State
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It offers incentives to the manufacturers keen on expanding operations in the State
The State Cabinet on Tuesday has approved the Andhra Pradesh Electronics Policy 2021-24, which facilitates creation of world-class electronics manufacturing infrastructure to offer a host of incentives to reduce the cost of doing business in the State.
In a statement, Principal Secretary, Information Technology, Electronics and Communications, G. Jaya Lakshmi, said the policy was aimed at transforming the State into a global hub for electronics manufacturing, with a focus on the manufacturing value chain-assembly operations, electronics components manufacturing, research and development, semiconductor and display fabrication.
Cabinet accords financial sanction to HNSS project works
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Nod for Industrial Electronics Policy; disbursement under Rythu Bharosa on May 13
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Nod for Industrial Electronics Policy; disbursement under Rythu Bharosa on May 13
The State Cabinet, presided over by Chief Minister Y.S. Jagan Mohan Reddy, has given its nod to the A.P. Industrial Electronics Policy and financial sanction to the Handri Neeva Sujala Sravanthi Project phases 1 and 2, and administrative and financial sanctions to create infrastructure at the Krishnapatnam Port as a part of the Chennai-Bengaluru Industrial Corridor.
Minister for Information and Public Relations Perni Venkataramaiah told the media at Velagapudi on Tuesday that the Cabinet also approved the decision to credit ₹4,050 crore directly into the bank accounts of the farmers under the YSR Rythu Bharosa - PM Kisan on May 13.
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