Kadapa: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy said that the Century Ply – boards India Limited unit is a green field unit, it will provide direct employment to 2, 500 people and indirect employment to over 5K people.

YS Jagan laid the foundation stones for several development projects in Kadapa district on Thursday. He laid foundation stone for Century Ply – boards India Limited unit with an investment of Rs 1, 600 crores which is being set up at Gopavaram in Badvel constituency. On the first day of his three day visit to Kadapa, he laid the foundation stone for works worth Rs 515 crore in Proddatur constituency. He also inaugurated YSR Jagananna Mega Industrial Hub, Electronic Manufacturing Cluster (EMC) at Kopparthy.

YS Jagan said that the farmers of Kadapa, Nellore and Prakasam cultivating subabul and eucalyptus will benefit from the unit. Farmers can be assured of remunerative price for their produce as Century Ply will purchase the raw material directly from them. Extending all support to the company from the State Government, he handed over the land allotment letter to representatives of Century Ply.

Century Ply – boards Chairman, Sajjan Bhajanka, thanked YS Jagan for his support in setting up of the unit in Kadapa. He said initially they wanted to invest Rs 600 crore, but the company now decided to invest Rs 2,600 crore in three phases. In the first phase, Sunmica project will be set up, followed by an MDF plant by September, 2023 and after getting the required machinery from Germany, the biggest plywood plant in the country will be established, he added.

Today CM @ysjagan announced a series of projects for Proddatur city costing a total of Rs.515 crore.

The City on the banks of Penna River, is about to get a much awaited facelift. pic.twitter.com/Wz8pixspX1

— Rise Of YS Jagan (@RiseofYSJagan) December 23, 2021

CM Jagan inaugurated Kopparthy Industrial hub

Chief Minister YS Jagan laid the foundation stone for a new Revenue Divisional Office in Badvel, which will be constructed at a cost of Rs 6 crore. In Badvel, development projects worth about Rs 500 crore are underway. Jagan also inaugurated YSR Jagananna Mega Industrial Hub, Electronic Manufacturing Cluster (EMC) at Kopparthy and visited stalls set up in the industrial enclave.

He said the Government is developing the EMC in 540 acres and setting up a Mega Industrial Hub in 3,160 acres by investing Rs 1,580 crore. As of date, Dixon Technologies has come forward to start its operations, which will generate employment to 1,800 people by April. About 500 people are already being trained.

Apart from two units of Dixon, Digicon Solutions Limited, Celkon Resolute, Chandrahas Enterprises and TNPL are ready to lay the foundation stones for their units to create 7,500 jobs in the next 6-9 months with a total investment of Rs 600 crore. Another 18 companies, including VVDN, Black Pepper and Harmonicity are also ready for the announcement of their units along with 18 MSMEs. The VVDN alone will invest Rs 365 crore and provide jobs to 5,400 people. A total of 75,000 jobs will be created through these parks, which manufacture televisions, laptops, tablets, IoT devices and other electronic gadgets, he said.

YS Jagan laid foundation stones to five channel drainage stone with an expenditure of Rs 163 crores, new pipeline to supply drinking water to people with an estimation of Rs 119 crores for constructing a 171 km new pipeline to supply drinking water to people directly in Proddatur.

YS Jagan announced that a high-level bridge on Penna will be constructed at a cost of Rs 53 crore, which will help to speed up the projects like Rayalaseema Thermal Power Plant, steel plant and housing colonies in the district. The Proddatur bus station will be developed with nine platforms, dormitories, and all modern facilities at a cost of Rs 4.5 crore.