Offers a host of incentives for reducing the cost of doing business in the state
The State Cabinet has approved the Andhra Pradesh Electronics Policy 2021-24, aimed at creating a world-class electronics manufacturing infrastructure and improving the Ease of Doing Business (EoDB) status through various reforms. It offers a host of incentives for reducing the cost of doing business in the state.
In a release, Principal Secretary (Information Technology, Electronics and Communications) G Jaya Lakshmi said that the policy is envisioned to transform Andhra Pradesh into a global hub for electronics manufacturing, by focusing on the entire manufacturing value chain-assembly operations, electronics components manufacturing, Research and Development (R&D), semiconductors and display fabrication.
Source: Construction Week Online
