Jagan’s Government Stealing Lokesh’s Credit?

APIIC Chairperson Roja laid the foundation stone for her first-ever Project after assuming charge. She laid the stone for the company’s two manufacturing plants in Tirupati earlier this morning. Interestingly, this is an investment brought during Chandrababu Naidu‘s regime and back then, Naidu even performed Bhoomi Puja way back in December 2018.

In a way, Roja is trying to reclaim the credit from the TDP Government. 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. The manufacturing major will invest a whopping 2200 Crore in the unit and will create employment for around 8000 people.

This unit spread over 153 acres 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.