Amaravati: Chief Minister Chandrababu Naidu will visit Satyavedu constituency in Tirupati district on Monday, where he will lay foundation stones and inaugurate various projects in Sri City, a leading business hub in Andhra Pradesh.
During his visit, the Chief Minister will inaugurate 15 new institutions and laid the foundation stones for seven more, signaling significant industrial growth in the region. These projects, with an investment of Rs 900 crore, are expected to create 2,740 job opportunities. Additionally, the government is set to sign agreements for further investments totaling Rs 1,213 crore.
Chandrababu Naidu will also meet with the CEOs of various companies at the Sricity Business Center to discuss the region’s economic potential. Among the inaugurated projects were South Korea’s Ellikem, Israel’s Neolink, Japan’s Naidic, OJI India Package, and Germany’s Bell Industries. Indian companies such as Admir, Autodata, and Bombay Coated Special Steels were also part of the inauguration.
The Chief Minister will also lay the foundation stones for projects from China’s NTC, Belgium’s Vermeerion, and Japan’s AG and PE industries. Additionally, industries from the UAE, Singapore, and India are set to establish operations in Sricity, further boosting the region’s industrial landscape.
