Chief Minister Y S Jagan Mohan Reddy virtually launched three projects and laid the foundation stone for nine projects from his Camp Office in Tadepalli on Wednesday, October 4. These projects have a total worth of INR 3,008 Crore and the potential to generate over 7,000 jobs.
In his presence, officials also signed an MoU with 3F Oil Palm company for the establishment of an oil palm unit in Ayyavaram, East Godavari district, with an investment of INR 250 Crore. This unit will create employment opportunities for 1,500 individuals and will prove beneficial to the farmers cultivating oil palm across 25,000 hectares.
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He laid the foundation stone for the following projects:
- Eco Steel India’s INR 544 Crore bio-ethanol unit in Jajarakallu, Anantapuram district.
- Everest Steel Building’s INR 250 Crore unit in Madakasira.
- United Industries’ Auto Plastic unit valued at INR 125 Crore in Gudupalli, Sri Satya Sai district.
- Sarvani Bio Fuels’ INR 225 Crore unit in Buddhavanipalem, Bapatla district.
- NACL Multichem’s INR 200 Crore bio-pesticides unit in Ranasthalam, Srikakulam district.
- Ravali Spinners’ INR 200 Crore unit in Khandavalli, East Godavari district.
CM Jagan inaugurated the INR 800 Crore industrial unit of Greenlam South Group in Naidupeta, Tirupati district, and the INR 325 Crore cocoa butter and chocolates unit with a capacity of 42,000 metric tons established by DP Chocolates in Sri City. These projects have provided employment to 1,050 and 250 individuals, respectively.
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