As to what looks like a brisk progress towards becoming an electronics manufacturing hub, the Government of Andhra Pradesh signed MoUs with low-cost cellphone makers Micromax, Celkon and Karbonn Mobiles.
The MoUs were signed in a late night event in Vijayawada in the presence of Chief Minister N. Chandrababu Naidu.
This envisages setting up of mobile manufacturing hub at Tirupati, with a focus on development of an electronic cluster.
With this, Andhra Pradesh is targeting manufacturing at least 6 million to 7 million phones per month in the next year. According to the Chief Minister, this will be a huge boost to the electronics manufacturing sector in Andhra Pradesh.
“We recently had Xiaomi entering into Andhra Pradesh, and now we will have Micromax, Celkon and Karbonn Mobiles. I’m confident that these companies will create an electronics manufacturing ecosystem in the state,” he said, adding that more companies meant more employment.