Electronical major Anchor to Invest Rs 250-cr in Andhra Pradesh for electrical material, appliance manufacturing
This MoU was signed and exchanged on January 10 between Dinesh Aggarwal, Joint Managing Director, Anchor Electricals and J Krishna Kishore, Chief Executive Officer, Andhra Pradesh Economic Development Board in the presence of N Chandrababu Naidu, Chief Minister of Andhra Pradesh and S Iswaran, Minister for Communication and Information, Government of Singapore.
The quality of infrastructure, availability of resources, peaceful industrial climate and the strong presence of many Japanese manufacturers are the other factors in support of our decision." Anchor website