Apollo Tyres to invest Rs 3,000 crore in Andhra Pradesh's Chittoor

[DiscoKing]

HYDERABAD: In a major boost to AP's industrialisation, Apollo Tyres Limited will set up a state-of-the-art tyre manufacturing unit in chief minister N Chandrababu Naidu's native Chittoor. AP has been competing with neighbouring Tamil Nadu and Telangana for the Apollo unit.
A Memorandum of Understanding (MoU) was signed between the state government and Apollo Tyres in New Delhi on Thursday in Naidu's presence.

The company will invest about Rs 3,000 crore in phases. In the first phase, it will set up an ancillary park on 200 acres at a cost of Rs 541 crore at Chinnapandur village. This is the biggest industrial investment in the backward Rayalaseema region, which is infamous for its drought conditions and migration of the workforce.

[JANASENA]

ok good

[CZAR]

androlla kutra

AP has been competing with neighbouring Tamil Nadu and Telangana for the Apollo unit.

[Chanti_Abbai]

[DiscoKing]

9 minutes ago, CZAR said:

androlla kutra

AP has been competing with neighbouring Tamil Nadu and Telangana for the Apollo unit.

[Luke]

#dittimaagavale

[vravi22]

Will beat hyd soon... 

[Luke]

4 minutes ago, vravi22 said:

Will beat hyd soon... 

langa drive 

[psycopk]

3000crs .... manam eppudu aa range ki veltamo.. ento..

[billa85]

37 minutes ago, vravi22 said:

Will beat hyd soon... 

LOL langa foul cry. deniki ra brathiki  

[johnubhai_01]

[DiscoKing]

13 minutes ago, psycopk said:

3000crs .... manam eppudu aa range ki veltamo.. ento..

 adhi one time investment kadhu uncle