Reliance Industries scraps electronics manufacturing unit in Tirupati

Reliance Industries Limited (RIL) has given back the land allotted for setting up an electronics manufacturing unit near Tirupati to the State Infrastructure Corporation (APIIC). The company has withdrawn a proposal to set up a set-top box and dongles manufacturing unit with an investment of Rs 15,000 crore.

Saying that there is no need for the company to establish an electronic manufacturing plant in the present circumstances, Reliance Industries cancelled the proposal and handed over the entire land to the AP Industrial Infrastructure Corporation (APIIC), the officials said.

Andhra Pradesh Industrial Infrastructure Corporation officials confirmed that Reliance had given back the land. An official said the government now needs to return the amount deposited for the lands. The previous Chandrababu Naidu government had allotted 136 acres to Reliance‌. Jagan Government handed over 75 acres of land.


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