Stone laid for mega footwear unit of the Apache group

Stage set for industrial revolution in Nellore, says Chief Minister

26th February, 2006 : Nellore 

Chief Minister Y.S. Rajasekhara Reddy laid the foundation stone for the mega footwear unit of the Apache group at Mambattu village of Tada mandal in Nellore district on Saturday. 

Speaking on the occasion, the Chief Minister said that the stage was set for an industrial revolution in Nellore district. Though there were some small units in the district, employing around 2,000 people in all, the latest unit would not only be a major one but had the capacity to provide job opportunities for around 30,000 people, he said.
 
He projected a rosy picture of industrialisation of the State, mainly due to cheap supply of electricity to industries which, in turn, would result in more prosperity.
 
"With this present venture, the stage is set for the entry of more industrial units," asserted the Chief Minister. The footwear unit will be spread in an extent of 340 acres, with an expected investment of around Rs. 700 crores. 
                                                                             
                                                                                   (Courtesy: The Hindu)