AP CM inaugurates tire manufacturing unit close to Vizag, Auto Information, ET Auto


ATG, a part of the Yokohama Group, at the moment has two tire manufacturing crops at Dahej in Gujarat and Tirunelveli in Tamil Nadu.

Visakhapatnam: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Tuesday inaugurated Alliance Tire Group’s third Indian plant within the Particular Financial Zone at Atchutapuram in Anakapalli district close to right here. ATG, a part of the Yokohama Group, at the moment has two tire manufacturing crops at Dahej in Gujarat and Tirunelveli in Tamil Nadu.

Talking on the event, the Chief Minister mentioned that ATG has invested Rs 1,250 crore within the first section and the plant right here will present employment to 1,200 folks.

The Chief Minister, who laid the muse stone of the second section on the event, mentioned that the corporate would make investments Rs 850 crore and supply employment to 800 extra folks.

State Industries Minister Gudivada Amarnath, who represents Anakapalli, mentioned the area is lucky that the plant has come up inside 15 months.

“The corporate is offering employment to 800-1,000 folks in a really quick span of time. Within the second section, it is going to make investments one other Rs 1,000 crore, taking the full employment to 2,000,” Amarnath mentioned.

In accordance with an official launch, the manufacturing capability of the plant shall be 100 tonnes per day.

The Chief Minister additionally carried out Bhoomi Puja for the growth of eight different items within the SEZ.

The Chief Minister mentioned that within the final three years, 98 huge and heavy industries have been arrange within the state with an funding of Rs 39,350 crore, which has supplied employment to 60,541 folks.

Additionally, 31,671 micro, small and medium enterprises had been additionally arrange with an funding of Rs 8,285 crore, offering employment to 1,98,521 folks.

“Within the subsequent few years, 56 mega and heavy industries with a complete funding of Rs 1.54 lakh crore are within the pipeline. This can present employment alternatives to 1.64 lakh youths,” Jagan mentioned.

Deputy Chief Minister PR Dora, BM Naidu and others participated within the programmes.



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