Astrum has performed its Bhumi Puja (land-breaking ceremony) for its new production facility at Tirupati (India), which was led by Nara Lokesh, Minister of IT (Government of Andhra Pradesh), and Manoj Kumar Pansari, Chairman & Managing Director of Astrum, among several other dignitaries. Spread over 5.5 acres, the manufacturing facility is envisaged as parts of the states rive to create a new IT Hub. The Government of Andhra Pradesh signed an MoU with Astrum in last year.
In accordance with the MoU with the Andhra Pradesh Government, Astrum will develop the facility with an investment of over Rs.100 crore. A skill development centre with employment to approximately 2,000 people will also be developed as part of the MoU. This is an initiative to bridge the employability divide between the metros and urban cities. It will also provide an eclectic range of employment opportunities to the youth in the region that will ultimately enhance the quality of life.
Astrum aims to manufacture innovative and advanced technological products with its global vision of breaking barriers between people and technology.
Manoj Kumar Pansari, CMD, Astrum, says, “This is, indeed, a big milestone for us. The choice of Andhra Pradesh as the destination for the new manufacturing unit is due to the state's ease-of-doing business and growing focus on 'Make in India'. We are happy to have laid the ground for the Astrum manufacturing plant here in Tirupati. This facility will also help us in expanding our manufacturing capabilities while increasing our reach in the Southern India.”
Astrum is the leading manufacturer of smart devices, mobile accessories, trolley speakers, IT peripherals, mobility devices, etc with a presence in about 40 countries across the globe.
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