Kadapa: AP CM YS Jagan has said that with the setting up of steel plant industry, a large number of local people will get employment. On Wednesday, CM Jagan laid the foundation stone of Kadapa Steel Factory at Sunnapurallapalle in Kadapa district. Later, the CM addressed the meeting.
AP CM YS Jagan said that steel plant is his dream since time immemorial. He said that the district will develop further with the establishment of steel plant. CM Jagan said that the first phase of the steel plant will be completed within 30 months. Rs. The CM explained that basic facilities are being developed with 700 crores. CM YS Jagan said that the plant will be expanded with another 20 lakh tonnes of production capacity in the second phase. He said that with the establishment of steel plant, development of surrounding related sectors will take place. CM Jagan said that local people will get employment with the establishment of steel plant. CM Jagan has announced that the first phase of the steel plant will be completed within the next 24-30 months.
CM Jagan explained that Andhra Pradesh state has been number one in ease of doing business for three years. CM Jagan said that thousands of industries are coming in electronic man manufacturing cluster.