Live
- Govt plans to establish offshore Johns Hopkins University Campus in India
- Goa Aces clinch Indian Racing League title
- Study finds how hormone therapy can reshape the skeleton
- High-street fashion players looking at India for manufacturing: Report
- Shreyas Iyer to lead Mumbai as Prithvi Shaw returns for Syed Mushtaq Ali Trophy
- 'Failed to resolve crisis': NPP withdraws support from BJP govt in Manipur
- Chennai: Actress Kasturi Remanded in Custody Until 29th of This Month
- Aaqib Javed likely to become Pakistan's new white-ball head coach
- BJP panel to draft poll charge sheet against AAP govt in Delhi
- Allu Arjun Thanks Fans in Patna, Teases 'Pushpa 2' Release
Reliance withdraws Tirupati project
Reliance withdraws Tirupati project (File Photo)
- The Reliance Industries proposed to set up an electronic industry in EMC at Renigunta
- APIIC allots 136 acres land for the Rs 15,000 cr project
- But some farmers approach court opposing the allotment
Tirupati: Reliance Industries, a leading corporate, went back on its decision to set up an electronic industry in the Electronic Manufacturing Cluster(EMC) near Renigunta Airport, 25km from here.
Official sources said that the industry also surrendered the land allotted to it by Andhra Pradesh Industrial Infrastructure Development Corporation (APIIC) and applied to government for the refund of the amount paid towards land cost.
The estimated investment was Rs 15, 000 crore and the project was proposed to manufacture set top boxes, dongles and other electronic appliances using for internet purpose.
The Reliance company came forward this project here in previous TDP government which allotted 136 acres land near airport.
The YSRCP government has handed over 75 acres land and the remaining land is in the court disputes as 15 farmers filed petition against acquisition of their 50 acres.
Though the APIIC showed an alternative land at Padiredu forest area in Vadamalapeta mandal, the Reliance has not come forward to take up the offer due to various reasons and finally it has informed the government that they are going back on their decision of set up industry.
Meanwhile, TNSF district president Ravi Naidu in a statement that Reliance's withdrawal from setting up of industries in the state affects the employment opportunities to youth. He blamed the YSRCP government's 'hostile attitude' towards industries for the cancellation of project.
