Industries Flock To Andhra Pradesh.. Two More Giant Companies To State

Amaravati: False allegations are made by oppositions that CM YS Jagan Mohan Reddy didn’t bring a single industry to Andhra Pradesh. Now, Andhra is becoming the centre of industries, and the proof is the upcoming two gait industries. Pepper Motion has announced that it is setting up the world’s largest electric vehicle unit in the state. And world’s largest AC manufacturing company Daikin ( Japan) will soon launch its products in AP.

Yellow media along with other opposition parties are spreading evil propaganda against AP. There are false criticisms that industries are not being set up during the YRSCP government tenure. But it is becoming clear that all of them are untrue. Along with welfare and development, CM YS Jagan is also focused on the industrial sector. It is known that Visakhapatnam has recently held the largest investor conference and attracted the attention of the country. At that conference, national and international companies signed agreements with AP. Those agreements are now being implemented. Industries are flocking to invest in AP. Recently, Germany’s Pepper Motion has come forward to invest Rs.4,640 crore.

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Pepper Motion’s largest Unit

Electric buses and trucks maker Pepper Motion will set up the world’s largest manufacturing unit in AP. This unit will be started on 800 acres in Punganur. Commercial production will start by 2025 in this unit which will provide employment to 8,080 people.

Japan’s Daikin Unit

World’s largest AC manufacturer Daikin is preparing a manufacturing unit in AP. The unit has been set up in the Sri City of Nellore district with an investment of Rs.1000 crore in an area of 75.5 acres. The company started the work in April last year and completed it within 18 months. 3 thousand people will get employment through this. This unit has the capacity to manufacture 10 lakh ACs every year.
Big companies are flocking to AP as CM Jagan is implementing simplified policies for setting up industries. CM Jagan is taking all measures to provide necessary facilities and subsidies for the establishment of industries along with speedy issuance of permits. As a result of CM Jagan’s efforts, huge industries are currently being established in AP. According to the agreements made at the Visakha Conference, more industries will soon enter the state.

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If the reality is like this, the opposition parties are projecting AP’s reputation in bad shape. Those who do not love AP and those who are living in Telangana are spreading this evil propaganda. It is deplorable that the opposition is betraying AP by spreading false propaganda for the sake of politics. It is unfortunate that the Yellow Media is also spreading these kinds of false propaganda. However, it is clear that CM Jagan is committed to the industrial development of Andhra Pradesh.