From Our Correspondent
Visakhapatnam: India’s electronics and semiconductor ambitions are no longer just about next-generation technology, but about transforming the country into a global high-tech manufacturing powerhouse, Andhra Pradesh Minister for Education, IT and Electronics Nara Lokesh said on Friday. He was speaking as the chief guest at a session on “Investor’s Perspective on Growth, Opportunity and Enablement (Electronics)” at the CII Partnership Summit in Visakhapatnam.
Lokesh said Andhra Pradesh entered the electronics manufacturing ecosystem relatively late, but made its first big push between 2014 and 2019 when clusters began taking shape around the Tirupati airport. “The last five years were a setback—not a roadblock, just a pause. Now we’re back with full focus. Our aim is to attract electronics investments aggressively. We are inviting investors to return to Andhra Pradesh,” he said.
The minister said the state is adopting a distinct, cluster-based development model built on vertical and horizontal integration—bringing every component of the ecosystem into a single industrial cluster for efficiency, cost reduction and scale.
“With our ‘Speed of Doing Business’ approach, Andhra Pradesh is moving decisively. Sixty percent of all air conditioners manufactured in India are produced in AP. Our focus now is on future-ready education, research, and strong industry–academia linkages. Across sectors, our goal is to attract investments worth one trillion dollars,” Lokesh said.
He added that Andhra Pradesh aims to become a major player in the semiconductor sector by 2030. The state, he said, is progressing with a forward-looking 2024–29 policy vision, investor-friendly governance and a commitment to innovation-driven growth.
₹27,909 Crore Investments, 53,879 Jobs Announced
In a major boost to the state’s electronics manufacturing push, 17 electronics companies signed MoUs and received approvals in the presence of Minister Lokesh, committing ₹27,909 crore in new investments. These projects are expected to create 53,879 jobs across Andhra Pradesh.
Key investments include:
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SCIC Ventures LLP, Tirupati: ₹1,704 crore; 2,630 jobs
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Syama SGS Ltd, Tirupati: ₹1,595 crore; 1,894 jobs
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Epitome Components Ltd, Tirupati: ₹700 crore; 1,000 jobs
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Hindalco Industries Ltd, Tirupati: ₹586 crore; 613 jobs
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Solum India Hitech Pvt Ltd, Tirupati: ₹268 crore; 700 jobs
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Yeemak Pvt Ltd, Tirupati: ₹11,000 crore; 20,500 jobs
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Daikin Airconditioning India Pvt Ltd, Tirupati: ₹2,500 crore; 2,500 jobs
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NPSPL Specialty Chemicals Pvt Ltd, Statewide: ₹2,400 crore; 400 jobs
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Epack Group, Tirupati: ₹1,416 crore; 5,322 jobs
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Neolync Design Pvt Ltd, Tirupati: ₹1,150 crore; 2,100 jobs
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CIPSA TEC India Pvt Ltd, Tirupati: ₹1,140 crore; 1,251 jobs
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Samvardhana Motherson International Ltd, Statewide: ₹1,100 crore; 2,000 jobs
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Dixon Technologies India Ltd (Expansion), Tirupati: ₹1,000 crore; 10,000 jobs
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Amber Enterprises India Ltd, Tirupati: ₹400 crore; 1,500 jobs
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Meena Circuits Pvt Ltd, Tirupati: ₹350 crore; 819 jobs
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Refibres Innovation Pvt Ltd, Visakhapatnam: ₹350 crore; 450 jobs
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Titan Intech Ltd, NTR District: ₹250 crore; 200 jobs
The event saw participation from AP IT Secretary Katamneni Bhaskar; Jasbir S. Gujral, MD, Syrma SGS; Venkata Sudhakar, MD, Asip Technologies; Pankaj Sharma, COO, Dixon Technologies; Reuven Scheibel, CEO, Neolync; Vikas Gupta, MD, PG Electroplast; and Deepak Deshmukh, Joint President, Hindalco Industries, among others.
With a massive investment pipeline and a renewed push for electronics and semiconductor manufacturing, Andhra Pradesh is positioning itself as one of India’s most competitive high-tech hubs for the coming decade.