India News
Search Web Directory
News Home
RIL to invest in mobile making unit at Tirupati
Posted on 14th February 2018
In a major fillip to the State government’s plans to develop the electronics industry, Reliance Industries Limited (RIL) has come forward to invest in Andhra Pradesh.

Mukesh Ambani-led RIL has plans to manufacture 10 million mobile phones per annum in Andhra Pradesh. The RIL is looking for 150 acres of land to start a cellphone manufacturing unit near Tirupati in Chittoor district.

The government is planning to offer it at Tirupati where already an electronic manufacturing park exists. Besides Jio Phones, RIL would make other electronic products including television sets, set-top boxes among other things. If all clearances were given, a foundation stone laying ceremony would be held in next two weeks.

Mr. Ambani met Chief Minister N. Chandrababu Naidu at the Secretariat at Velagapudi, near here, on Tuesday. He visited Real Time Governance Centre (RTG Centre) established in first block of the Secretariat, and later in the evening had dinner with Mr, Naidu at his official residence.

Mr. Ambani told the Chief Minister that RIL plans to create 100 entrepreneurial industries in association with the Andhra Pradesh government. The RIL also evinced interest in working together with the State government in the agriculture sector . Mr. Ambani said, “If you (government) allow private investment, we have plans to invest in agriculture, education and heath sectors.”

Earlier, Mr. Naidu floored the RIL CEO with the RTG facility at the Secretariat. Mr. Ambani showered praises on the Chief Minister saying, “You (Mr. Naidu) are way ahead than everything that I have seen. I never imagined that you have implemented everything that I have seen and heard.”

Mr. Ambani also expressed the view that Andhra Pradesh has a biggest opportunity to market its technology.

The State government can charge the Union government with the kind of system and technology you developed. This is your biggest opportunity. “The time is not far. . For the massive use of your data, you will get paid,” he said.

Mr. Naidu said: “ I love always one thing in Dhirubhai and Mukesh. They think big and implement what they aim for. Scaling up and cost effective.”

Panchayat Raj and IT Minister Nara Lokesh received Mr. Ambani at Gannavaram airport.

Related Companies: Reliance Industries Limited (RIL)   

Other Latest News
Nirav Modi scam: Diamond traders now courting firms with long-term credit
Posted on 21st March 2018
In the aftermath of the Rs 129-billion fraud at Punjab National Bank (PNB) involving Nirav Modi and Gitanjali Gems, traders of loose diamonds are now shifting to organised sectoral players with deeper pockets for credit offers to consumers.

Since most banks have tightened their lending to diamond merchants and others are in the process of doing so, many medium and small diamond dealers are approaching large players for credit facility within the industry.

Facebook places full-page ads in Mexican newspapers warning about fake news
Posted on 21st March 2018
After coming under fire for its role in the 2016 U.

S. election, Facebook Inc is taking steps to prevent what it calls fake news during Mexico’s presidential campaign.

The social-networking giant on Tuesday placed full-page ads in prominent Mexican newspapers including El Financiero under the title “Tips to Detect Fake News.” The company’s logo appears on the top left corner.

2G case: Delhi HC issues notice to Raja, Kanimozhi and others
Posted on 21st March 2018
The Delhi High Court on Wednesday sought response from A. Raja, DMK MP Kanimozhi and 17 others on appeals by CBI and Enforcement Directorate (ED) challenging a Special CBI Court verdict acquitting all of them in connection with the 2G spectrum allocation case.

Justice S.P. Garg also directed one of the accused Dynamix Balwa group of companies and its associates to maintain status quo with regard to properties worth ₹ 223.55 crores, which was attached by Enforcement Directorate (ED) during the trial as ‘proceeds of crime’ till the next date of hearing on May 25.

Jayalalithaa did not heed advice to go to hospital, says Sasikala
Posted on 21st March 2018
It was at 9.30 p.m. on September 22, 2016, that then Tamil Nadu Chief Minister Jayalalithaa called out for help. According to her aide V.K. Sasikala, Jayalalithaa had indicated she was unwell while she was in the bathroom situated on the first floor of her Poes Garden residence, after having brushed her teeth.

In an affidavit filed before the Justice A. Arumughaswamy Commission (probing Jayalalithaa’s death), Sasikala provides an account of what transpired at Jayalalithaa’s residence before she was rushed to hospital.

ICICI Bank raises Rs 40 billion via bonds, money to be used to fund growth
Posted on 21st March 2018
Private sector lender ICICI Bank on Tuesday said it has raised Rs 40 billion from bonds to fund growth.

"The Committee of Executive Directors of the bank at its meeting held today has approved the allotment of 40,000 Basel III compliant unsecured subordinated perpetual Additional Tier 1 bonds in the nature of debentures aggregating Rs 4000 crore (40 billion) on private placement basis," ICICI Bank said in a regulatory filing to stock exchanges.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for RIL to invest in mobile making unit at Tirupati
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Security Code*

Be the first person to write a business review for RIL to invest in mobile making unit at Tirupati

Most Read News

ICICI Bank offers MSMEs instant overdraft facility

42 IndiGo flights cancelled for today

Nirav Modi, Vijay Mallya, and 29 other Indian fugitives owe Rs40,000 crore

Maruti ties up with B-schools to train dealership execs

This big update will change how you use WhatsApp groups; here’s what it is

More India News

  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
About us
Link to us
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2018
    All Rights Reserved
Privacy Statement