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Andhra signs MoUs with three mobile makers
Andhra Pradesh on Tuesday signed MoUs with low-cost Indian mobile phone manufacturers Micromax, Celkon and Karbonn for setting up of a mobile manufacturing hub at Tirupati.
Hyderabad: Andhra Pradesh on Tuesday signed MoUs with low-cost Indian mobile phone manufacturers Micromax, Celkon and Karbonn for setting up of a mobile manufacturing hub at Tirupati. The MoUs were signed late Tuesday night in Vijayawada in presence of Chief Minister N. Chandrababu Naidu.
The state government described this as the first step towards making the state an electronics manufacturing hub. With this, Andhra Pradesh is targeting manufacturing of 6 million to 7 million phones per month in the next year. According to Naidu, this will be a huge boost to electronics manufacturing in Andhra Pradesh.
"We recently had Xiaomi's entry into Andhra Pradesh, now we will have Micromax, Celkon and Karboon Mobiles. I'm confident that these companies will create an electronics manufacturing ecosystem in the state," he said, adding that more companies means more jobs.
