Hyderabad: Andhra Pradesh Chief Minister Chandrababu Naidu laid the foundation stone for seven significant projects in Kuppam on Saturday.
During the ceremony, CM discussed with various companies representatives. He emphasized the importance of timely industry commencement.
The state government allocating 241 acres of land for seven companies in Kuppam to operate their operations. The seven companies are set to invest a total of Rs 2,203 crore.
The industries planned include dairy production, laptop and mobile accessory manufacturing, cooking oil production, food processing, and electric vehicle manufacturing. Notable investments include Rs 586 crore from Aditya Birla, Rs 225 crore from S International, Rs 72 crore from SVS Soya, Rs 260 crore from Mother Dairy, Rs 233 crore from Sreeja Dairy, and Rs 200 crore from Royce Industries.