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Andhra Pradesh government signs MOU with Flextronics for establishing manufacturing facility

June 27, 2018

The Government of Andhra Pradesh has signed a Memorandum of Understanding (MOU) with Flextronics technologies Private Limited for setting a manufacturing facility in the state for a range of intelligence products.

Flextronics, the Indian subsidiary of Flex will set up a greenfield manufacturing facility at Sri City near Tirupati to build a diverse range of intelligent products, generate thousands of jobs and at the same time building a strong supplier network. An investment of Rs. 5.38 billion has been planned for the same.

The State has been pushing to provide best-in-class incentives to boost investments in the IT and electronics sector.

 
 

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