Andhra Pradesh insists on jobs for locals; new investors asked to employ 75 percent locals
Andhra Pradesh will be strictly enforcing reservation of 75 percent of jobs to locals in new industries and factories being set up in the state. State Chief Minister YS Jagan Mohan Reddy directed all officials connected with industries to ensure compliance of the private sector industries to the rule as the state was giving land and facilities to investors on the condition that they give preference to locals in recruitment.
Addressing officials at the State Investment Promotion Board (SIPB), the Chief Minister asked the district collectors to monitor the implementation of the new law relating to local employment and keep records.
“We are providing land and other facilities to the new industries with the condition of giving 75 per cent of the jobs to locals with a view to avoid any opposition from the local people,” he said and asked the officials to ensure that the Act is implemented in letter and spirit in all industries.
Support of the locals is very important for the smooth and efficient functioning of these industries and the official machinery should keep this in mind.
Andhra Pradesh will see eight new projects coming up in different parts after the SIPB gave formal clearance.
JSW Neo Energy will be setting up a 1500 MW hydro storage power project with an investment of Rs.8104 crore at Bakkannavari Palli of Vempally Mandal in YSR district. It will produce 3314.93 million units of power every year and provide employment to 1500 people. It is expected to start working from December 2024
Hero Future Energies’ affiliated company Clean Renewable Energy will set up 225 MW solar unit at Kotapadu in Nandyala district and 150 MW wind power units at Boyala Uppuluru in Anantapur district and in Nandyal and YSR districts. The Company will invest Rs.2450 crore and will be starting work on the project from October this year and complete the last phase in 2025. Some 3754 people will get employment at these facilities.
The SIBP also approved setting up a hotel and resort at Annavaram in Visakhapatnam district by May Fair Hotels with an investment of Rs.525 crore providing direct and indirect employment to 750 people. The hotel project, consisting of villas, shopping mall and golf course, will be completed in four years.
The SIPB also accepted the proposal of Hayat Group to set up Hayat International Hotel at Peruru near Tirupati with an investment of Rs.218 crore providing direct employment to 260 people and indirect employment to 1296 people. It will be completed in three years.
CCL Food and Beverages got the green signal to set up its unit at Krishnapalem near Achtutapuram in Visakhapatnam district with an investment of Rs.1200 crore providing employment to 1800 people.
The SIPB also approved proposals of CCL Food and Beverages to set up its unit at Varadayapalem in Tirupati District with an investment of Rs. 400 crore and it will provide direct and indirect employment to 950 people and benefit 2500 farmers growing coffee. It will produce 16000 tons of coffee every year.
Gokul Agro Resources will set up edible oil making unit at Krishnapatham in Nellore district with an investment of Rs. 230crore. It will provide direct and indirect employment to 1200 people, besides benefiting 2500 farmers.
Gokul Agro will also set up coco butter and powder making unit at Sri City in Tirupati district with an investment of Rs.168 crore providing direct employment to 250 people and indirect employment to 800 people, besides benefiting 3000 farmers.
Among those present at the SIPB meeting included
Deputy Chief Minister (Panchayar Raj & Rural Development) B. Muthyala Naidu, IT, and Industries Minister G. Amarnath, Municipal Administration Minister A. Suresh, Tourism Minister RK Roja, Agriculture Minister K. Govardhan Reddy, Chief Secretary Dr K.S. Jawahar Reddy, and other top officials of various departments.