Vijayawada, Sept. 10 -- In a major boost to Andhra Pradesh's electronics manufacturing ambitions, the state government has approved India's largest Printed Circuit Board (PCB) manufacturing facility to be set up in Menakuru village, Naidupeta by Syrma Strategic Electronics Pvt. Ltd. (SSEPL).
This will be the first project grounded under the State's newly launched Electronics Components Manufacturing and Supply (ECMS) Policy (2025-30).
According to official approvals, SSEPL will invest Rs 1,076 crore to establish a PCB manufacturing and R&D facility, which will generate 1,011 jobs. The company will receive "early-bird" incentives under the policy, including a 75% subsidised cost for 12.56 acres of land allotted by the Andhra Pradesh Indust...