Well known industrial family of our district, AMARARJA GROUP is setting up a 500-acre project for electronics goods manufacturing at Mordanipalli near Chittoor on NH4 with a total investment of Rs 1,700 crore in the next 10 years.
Out of the total investment, the group will put in Rs 500 crore for development of infrastructure, while the rest will come from those firms, which will set up shops there. According to sources close to the development, Amara Raja Infrastructure Pvt Ltd (ARIPL) is promoting the digital city near Chitoor along with Amara Raja Electronics Ltd (AREL) to bring in electronics hardware manufacturing to the state.
The project will be developed under IT/ITES SEZ category and the group has received in-principle approval. The land has already been acquired and the notification of the project is under process," a source said.
The project is likely to provide employment to more than 20,000 people. The location has been selected to provide non-migratory employment opportunities in line with Amara Raja's core purpose of creating access and opportunities to more people
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