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Vijayawada: Chief Minister Y.S. Jagan Mohan Reddy on Wednesday launched several units and set foundation stone for a slew of food processing and industrial units worth Rs 1,100 crore. These will have an employment potential for 21,744 persons, officials claimed.

Doing these in virtual mode from his camp office here, the Chief Minister said that MoUs signed at the Global Investors Summit (GIS) were being translated into reality.  Special focus is on the industrial sector. Officials must continue their cooperation to the investors. District collectors should handhold investors and entrepreneurs at every step, he said.

The Chief Minister launched the 4.2 lakh metric tonne capacity edible oil refinery unit established by Gokul Agro Resources Pvt Ltd at Doruvula Palem in Muthukuru mandal of SPS Nellore district with a proposed investment of Rs 250 crore and employment potential of 1,150 persons.

He also launched the Rs 2.5 crore sesame seeds processing unit established by APFPS at Peddiredlapalem of L. Kota Mandalam in Vizianagaram district. It is run by the L. Kota Jai Kisan Farmers’ Producers Organisation, which employs 20 persons.

Jagan Mohan Reddy also launched the common facility centres at the printing cluster in Kakinada industrial estate established by the industries department with an investment of Rs 15 crore and employment potential for 1,000 persons.

He also launched 21 industrial development projects and factory complexes initiated in 18 districts by the industries department with an investment of Rs 286 crore and set foundation stones for some complexes. They have the potential of attracting Rs 1,785 crore investments and providing employment to 18,034 persons.

The CM set the foundation stone for the Rs 144 crore maize-based food processing unit to be established by Sri Venkateswara Bio Tech Pvt Ltd at Kommuru in Eluru district. It has employment potential for 310 persons.

He set the foundation stone for the Rs 13 crore Blue Fin Enterprises food products unit at Konada in Vizianagaram district. It will produce potato, millet and wheat-based food products and provide employment to 45 persons.

The CM set the foundation stone for the Rs 12 crore tomato processing unit at Pathikonda in Kurnool



district. This unit would be run by the Pathikonda farmers producers association.

Laying the stone, he lauded the officials for expediting the work and added that he has fulfilled the promise he had made to the people during his recent visit there.

The CM also set the stone for the Rs 280 crore pharma unit of the Sigachi Industries at Orvakal mega industrial hub in Kurnool district. It will provide employment to 850 persons.

He also launched the works of the nutraceuticals unit of the RPS industries that will invest Rs 90 crore and provide employment to 285 persons.

The CM set the foundation stone for the Flatted Factory Complex (FFC) within the Pedagantyada Industrial Estate at a cost of `7.57 crore, to be erected across 1.22 acres, with 70 per cent contribution from the central government and 30 percent from the state government.

CM Jagan stated that out of the 386 MoUs signed at the GIS (Global Investors Summit) at Visakhapatnam in March 2023 to bring in ` 13 lakh crore investments with a potential to give employment to 6 lakh persons, 33 units have started functioning and works relating to 94 units are in full swing. The works of other industries are in preliminary stage.

He pointed out, "In the last four-and-a-half years, 130 large and mega industries have come up across the state with an investment of ` 69,000 crore providing employment to 86,000 persons.  With periodical reviews under the aegis of chief secretary, we have been able to achieve this collectively."

It is noteworthy, he said, that 1.88 lakh new MSMEs have come up in the state providing employment to 12.62 lakh persons. The official machinery stood by the MSMEs even during the pandemic times and the officials should keep up the momentum and extend the same cooperation to the entrepreneurs in future too.

IT and industries minister G. Amarnath, agriculture and food processing minister K. Govardhan Reddy, Chief Secretary K.S. Jawahar Reddy,  industries secretary Yuvaraj, principal secretary Chiranjeevi Choudary (food processing), APIIC VC & MD Praveen Kumar,  Handlooms and Textiles commissioner MM Nayak, industries commissioner Rajeswara Reddy and others those present.




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