Ever since global players like Foxconn have kick started their operations, the future of Andhra Pradesh has taken another tangent in the direction of progress.
According to the latest report from Indian Cellular Association, ICA, Andhra Pradesh is soon turning out to be a preferred destination for mobile handset and component manufacturing firms. The state is now receiving traction from some of the finest world players in the game.
“Suitable regulatory interventions and proactive support provided by the State Government during the past 4 to 6 months are turning out to be the clinching factors to turn these investment decisions in favour of the State”, Pankaj Mohindroo, National President of ICA said.
A statement was also made to this effect by none other than Prime Minister Sri Narendra Modi. The PM concurred with the report on the occasion of the foundation laying for a dedicated mobile handset manufacturing facility in Tirupati. He affirmed that the hub will be a crucial milestone to leverage AP’s ability to attract further investments inside the sector.
The PM supported ICA’s close support to AP’s vision become as a leading global manufacturing destination for mobile handsets and its components. It has to be noted that ICA President Mr. Mohindroo is also chairman of the Fast Track Task Force, an establishment set up by the Center to promote mobile handset manufacturing eco-system.
Apart from Foxconn’s ongoing operations to manufacture Xiaomi and Gionee, other leading brands like Micromax, UTL (Karbonn) and Celkon will also kick start their manufacturing operations soon.
“We are also working with the AP Government to set up design centres and incubation centres to establish the State as a truly global scale mobile handset manufacturing hub based on the ‘Make in India’ and ‘Digital India vision’, Mr Mohindroo said, while speaking to the media.
Shri Venkateswara Mobile & Electronics Manufacturing Hub at Tirupati will create more than 10,000 jobs within a span of one year. ICA expects the hub to contribute a minimum of 5 per cent of our all-India target of 15 lakh jobs by the year 2019.