Prime Minister laid foundation stone of Shri Venkateswara Mobile & Electronics Manufacturing Hub

Oct 23, 2015 14:21 IST

Prime Minister Narendra Modi on 22 October 2015 laid the foundation stone of Shri Venkateswara Mobile and Electronics Manufacturing Hub in Tirupati in Andhra Pradesh. The hub will be a dedicated mobile handset manufacturing facility.

The foundation stone of this mobile handset manufacturing facility was laid during PM's visit to Andhra Pradesh to lay the foundation stone for new Andhra Pradesh capital Amaravati.

Shri Venkateswara Mobile & Electronics Manufacturing Hub will create more than 10000 jobs within a year. The hub is expected to contribute at least 5 percent of all-India target of 15 lakh jobs by 2019.

As per Indian Cellular Association (ICA), Andhra Pradesh is fast turning out to be a preferred destination for mobile handset and component manufacturing companies.

ICA is also working with the Andhra government to set up design centres and incubation centres to establish the state as a truly global scale mobile handset manufacturing hub.

Foxconn has already started operations in Andhra Pradesh for manufacturing brands such as Xiomi and Gionee. Other important brands like Micromax, UTL (Karbonn) and Celkon would be starting their manufacturing operations soon in the state.

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