A.P.'s electronics manufacturing policy eyes $100 billion investments
Chairing a review meeting at the Secretariat in Amaravati on Monday, the Chief Minister discussed the Electronics Components Manufacturing Policy 4.0 aimed at attracting investments into the electronics sector during the 2025–2030 period.
The officials explained that the policy is designed to reduce India's dependence on imports, boost domestic production, and enhance exports in line with the 'Make in India' and self-reliance goals. Last year alone, the country imported electronic circuit boards worth nearly $70 billion, indicating a massive domestic demand and a clear opportunity for local production.
Mr. Naidu stressed the need to create a robust manufacturing ecosystem within Andhra Pradesh that can cater to global demand. 'We must not only focus on production but also build globally recognised brands,' he said, urging officials to ensure that the policy enables large-scale manufacturing across the State.
He set a bold target of attracting $100 billion in investments to the electronics sector, pointing out that land constraints in cities like Bengaluru and Chennai work in Andhra Pradesh's favour. The State, he said, has ample suitable land and infrastructure to host major electronics industries.
Locations such as Sri City near Tirupati, Orvakal near Kurnool, Kopparthy, and Hindupur were identified as ideal for setting up such units, he said, and reiterated the government's commitment to encouraging young entrepreneurs, stating that the coalition government's vision is to see 'one entrepreneur in every household.'
Three regions for IT
The Chief Minister also emphasised the potential of Visakhapatnam, Amaravati, and Tirupati as prime destinations for Information Technology companies. Plans are under way to allocate space for at least 500 IT firms, which could generate thousands of employment opportunities.
In addition to IT and ITES companies in Visakhapatnam, Mr. Naidu proposed the establishment of manufacturing clusters stretching from Lepakshi to Orvakal. He also directed officials to develop co-working spaces in these regions and expand job creation across all urban centres, not just Visakhapatnam and Vijayawada.
To support the growing demand for skilled talent, the Chief Minister instructed the integration of the State's Skill Development portal with other relevant platforms. 'Our youth must be equipped with skills tailored to future needs,' he said, adding that the education curriculum must also evolve to ensure students are prepared for opportunities at national and international levels.
'Our ultimate goal,' the Chief Minister declared, 'is for Andhra Pradesh to emerge as the number one State in the knowledge economy.'
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