Chief Minister N. Chandrababu Naidu will lay the foundation stone for India's largest electronics manufacturing cluster – ELCINA Raaga Mayuri Electronics Park at Chilamathur village in Hindupur Assembly constituency of Anantapur district on the Bangalore National Highway, on April 21. Taken up in collaboration with Electronic Industries Association of India 9 ELCINA, the 50-acre industrial park is being developed by Raaga Myuri Builders who have over 25 years of experience in the construction sector, under the aegis of – KJR Group.
With Bangalore undisputedly the biggest electronics hub in the country, the ELCINA Raaga Mayuri Electronics Park is coming up close to it to attract new industries in this region. Apart from, according all official approvals to set up electronic units at the park, infrastructural facilities such as – water, roads, power and training centre are also being provided to facilitate setting up of electronic units here.
The KJR Group has already entered into MoUs for establishment of eight electronic component units for defense and aerospace sectors among others. These include – Digital Circuits Private Ltd., Memory Electronics, Stanish Semi conductors Private Ltd., Cyrma Technology Pvt Ltd., East India Group, Vinyas Innovative Technologies, Stacy Health Care Products, and DCS Cable Assembly.
The Park though located on 50 acres, will have high rise buildings of 30 to 35 floors each and therefore can provide job opportunities to thousands of people in the state. The MoUs reached so far are to the tune of Rs.350 core as investment and it is expected to cross Rs.2,000 crore once the Park is fully developed.
In particular, the assembled units coming up at the park can provide jobs to those who have passed X class and Intermediate. About 10,000 are likely to get employment in the first phase and the number may reach 40,000 as the number of industries rise at the park.KJR Group chairman KJ Reddy has already toured Japan, China, Dubai and other countries hold talks for establishing industries here. The Park, set with encouragement from – Hindupur MLA Nandamuri Balakrishna and IT Minister Palle Raghunatha Reddy, is likely to be completed in a couple of years.