Key Points

Andhra Pradesh has unveiled its Draft Electronics Component Manufacturing Policy 4.0, aiming to transform the state into a major electronics manufacturing hub. The policy promises significant financial incentives and infrastructure support to attract tech investments from leading companies. Dixon Technologies and Neolync have already committed to creating 5,000 jobs each in the state. This strategic move aligns with national efforts to boost domestic electronics production and reduce import dependencies.

Key Points: Andhra Pradesh Electronics Policy 4.0 Attracts Major Tech Investments

  • Comprehensive policy framework to stimulate electronics manufacturing investments
  • Dixon Technologies and Neolync commit to creating 5,000 jobs each
  • Policy aligns with national objectives for domestic electronics production
  • Roadshow highlights state's strategic manufacturing infrastructure
2 min read

Andhra Pradesh unveils Draft Electronics Component Manufacturing Policy 4.0

Andhra Pradesh launches groundbreaking Electronics Component Manufacturing Policy, promising 10,000 new jobs and significant industry investments

"Companies like Dixon have immediately committed to bringing investment into the state - Pattabhi Ram, TDP Leader"

Vijayawada, June 7

The Andhra Pradesh government introduced its draft Electronics Component Manufacturing Policy 4.0 during a roadshow organised by the Ministry of Electronics and Information Technology in the state, said an official statement.

The event brought together prominent industry representatives to discuss manufacturing opportunities under India's recently launched Electronics Component Manufacturing Scheme.

According to an official statement, the draft policy represents a comprehensive framework intended to stimulate investment, develop specialised infrastructure, and cultivate expertise throughout the electronics component manufacturing sector.

The policy aligns with national objectives for expanding domestic electronics production capabilities.

Union IT and Electronics Joint Secretary Sushil Pal and Andhra Pradesh IT Secretary K Bhaskar, among other officials and industry participants, attended the roadshow.

The state government designed the policy to attract investment through various financial incentives, including early adoption benefits, matching incentive structures, interim support measures, and ready-to-use manufacturing facilities within dedicated component production clusters.

During the event, Dixon Technologies announced plans to create 5,000 additional employment opportunities in Andhra Pradesh over the next two years as part of its regional expansion strategy.

Similarly, Neolync, which operates with backing from Reliance, committed to generating 5,000 jobs within the state as part of its growth plans.

The policy launch reflects broader national efforts to strengthen India's position in global electronics manufacturing and reduce dependence on imported components through domestic production capabilities.

Speaking about the policy, TDP leader Pattabhi Ram said, "In a joint workshop organised by the Govt of Andhra Pradesh, Ministry of Electronics & Information Technology, and India Cellular and Electronics Association (ICEA), the Govt has announced a draft policy for Electronics Component Manufacturing Policy 4.0.

"This is to drive investment in the state, which was badly affected by the misgovernance of Jagan Reddy's rule. Now, the NDA Govt is trying to bring back the brand image of the state as a favourable investment destination. Companies like Dixon have immediately committed to bringing investment into the state," he added.

- ANI

Share this article:

Reader Comments

R
Rahul K.
Great initiative by AP govt! We desperately need more electronics manufacturing hubs beyond just Tamil Nadu and Karnataka. Hope this creates quality jobs for local youth and reduces our dependence on Chinese imports. 🇮🇳
P
Priya M.
As someone from Vijayawada, I'm excited but cautiously optimistic. Previous governments made big promises too. Hope this policy actually delivers on job creation and doesn't just benefit big corporates with tax breaks.
S
Suresh V.
The 10,000 jobs commitment from Dixon and Neolync is promising. But will these be permanent positions with proper training? We've seen too many "job creation" announcements that end up being low-paying contract work.
A
Ananya R.
This is exactly what Make in India needs - state-level policies complementing national vision. AP has good ports and infrastructure. If executed well, can compete with Vietnam/Thailand in electronics exports. Fingers crossed! 🤞
K
Karthik J.
While incentives are good, hope the govt also focuses on skill development. Our engineering graduates need proper training to work in high-tech manufacturing. Otherwise companies will just import technicians from other states.
M
Meena S.
The political dig at Jagan Reddy was unnecessary. Policy announcements should focus on development, not scoring points. That said, if this brings investment and jobs to AP, I'm all for it. Action matters more than words.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50