Industries Minister Gudivada Amarnath has said that Andhra Pradesh is poised for a spectacular growth as the YSRCP government has taken the initiative to attract MNCs to set up their units in the State.
Mr. Amarnath told the media here on Wednesday that the ₹1,500-crore ATC Tires unit of Yokohama Inc, Japan, at Atchutapuram in Anakapalli district would provide employment to 2,000 local youths.
Chief Minister Y.S. Jagan Mohan Reddy had laid the foundation for the second phase of the ATC unit and eight other industries on Tuesday, he said.
