AP Gets TCL: 2200 Crore Investment, 8000 Jobs

AP Gets TCL: 2200 Crore Investment, 8000 JobsAndhra Pradesh Chief Minister Chandrababu Naidu performed Bhoomi Puja for the first integrated smart manufacturing industrial park of Chinese Electronics Major TCL in India at Tirupati this morning. Minister Nara Lokesh has taken initiation and pursued really hard to bring the facility to Andhra Pradesh and it stands as one of the major investments to the State after the Bifurcation.

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The construction of the industrial park will begin soon. The industrial park at Tirupati consists of two major manufacturing facilities, including one panel module factory which is the first of its kind production unit outside China. This unit is owned by TCL’s panel subsidiary, Shenzhen China Star Optoelectronics Technology Co., Ltd.

This factory will produce screens for TVs and mobile phones, with a production capacity of eight million 22-inch to 55-inch large-sized TV screens and 30 million 3.5-inch to 8-inch small-sized mobile screens per year. This is scheduled to commence production in February 2020. There will be one smart TV manufacturing facility too in the park which will be owned by the TV arm, TCL Electronics. This will manufacture six million 32-inch to 65-inch TV sets per year and is expected to commence production in December 2019.

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