Vijayawada, Nov 01: Chief Minister Y S Jagan Mohan Reddy has focused on development by virtually launching three industrial and food processing projects and laying foundation stone for nine other projects worth Rs 3008 crore with an employment potential of over 91,000 during the month of October.
A release here on Tuesday said that besides inaugurating the Infosys Development Centre at Visakhapatnam, the Chief Minister launched three pharmaceutical companies at Parawada and participated in ground breaking ceremony of two bulk drugs units worth Rs 1611 crore with an employment potential of 2450 at Atchutapuram SEZ.
Government also signed a MoU with 3F Oil Farm for setting up an oil palm unit worth Rs.250crore in East Godavari district. It will provide jobs to 1500 persons and benefit farmers cultivating oil palm in 25,000 hectares.
He also launched Rs. 800 crore Greenlam South Group’s industrial unit in Tirupati district and the Rs. 325 crore cocoa butter and chocolates unit of 42,000 metric tons set up by DP Chocolates at Sri City. They have provided employment to 1050 and 250 persons respectively.
He inaugurated the Rs. 4 crore Banana Processing Cluster of the AP Food Processing Society at Pulivendula in YSR district. This will benefit 700 farmers initially.
Giving boost to pharma sector, the Chief Minister inaugurated the Rs 500crore Eugia Steriles Private Limited’s injectables unit at Parawada and two bulk drug units worth Rs. 440crore and Rs. 191core of Laurus Labs and Laurus Synthesis respectively at Atchutapuram SEZ.
The Chief Minister also laid stone at JNPC, Parawada for two other bulk drug units of Laurus Labs Pvt Ltd and Laurus Synthesis Pvt Ltd respectively which will come up with an investment of Rs.240 crore each, the release added.
