Andhra plans to emerge e-manufacturing hub

Andhra Pradesh Minister for IT and Panchayat Raj Nara Lokesh has said the country consumes about $480 billion worth electronics annually.

He said Chief Minister N Chandrababu Naidu targets to make Andhra Pradesh produce at least half of the $480 billion.

Speaking to reporters after signing an agreement with Holitech Technology of China, which is setting up a $200-million phone component manufacturing facility at Tirupati, he said the State would house the whole ecosystem of electronics manufacturing ranging from component production to gadget manufacturing and to e-waste management.

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