Dixon Technologies keen to invest in Kopparthi cluster
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It has plans to manufacture cellphones, laptops, security equipment and cameras
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Dixon Technologies India Ltd. chairman Sunil Vachani, CEO Pankaj Sharma at a meeting with Y.S. Jagan Mohan Reddy as Industries Minister Mekapati Goutam Reddy looks on.
It has plans to manufacture cellphones, laptops, security equipment and cameras
Dixon Technologies (India) Limited, an electronic manufacturing services provider, has evinced interest in investing in the Kopparthi electron4ic manufacturing cluster in Kadapa district.
A delegation of the company met Chief Minister Y.S. Jagan Mohan Reddy on Tuesday. “It is a good development that the Dixon Technologies has come forward to invest in Kopparthi electronic manufacturing cluster. We assure that the government will extend its support to the companies ready to invest in Andhra Pradesh,” he said.
Jagan seeks window of two years for VSP turnaround with allocation of captive mines
As the proposed strategic sale of the Central government’s stake in the Visakhapatnam Steel Plant (VSP) stirred up a hornet’s nest, Chief Minister Y.S. Jagan Mohan Reddy shot off a letter to Prime Minister Narendra Modi requesting him to reconsider the privatisation move and explore other opportunities to put it back on track.
He pointed out that the VSP had posted a good performance between 2002 and 2015 when it had a positive net worth. The plant had achieved a turnaround in 2002 after being referred to the Board for Financial and Industrial Reconstruction as a sick company. It has a capacity of 7.30 million tonnes and even undertook modernisation and capacity expansion.
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