Reliance says goodbye to AP … Break for Rs 15,000 crore project, those lands back

Reliance Industries, headquartered in an electronics manufacturing unit near Tirupati, has backed down. AP Infrastructure Development Corporation (APIIC) has given back the land allotted to them. Officials of the Tirupati APIIC zonal office confirmed that Reliance had given back the land. He said the company was considering returning the amount deposited for the land.

Under the TDP government, Reliance has stepped in to set up a set-top box and dongles manufacturing unit for internet use in Tirupati with an investment of Rs 15,000 crore. For this, the then government allotted 136 acres to Reliance. The YCP handed over 75 acres of it when it came to power. However, 15 farmers have filed cases in the court regarding various reasons for the land allotted to Reliance.

Approximately 50 acres of those lands are currently in dispute. APIIC officials have proposed to allocate non-disputed lands near the Padamaredu forest in the Vadamalpet zone as an alternative as it is not possible to set up a unit until the cases are resolved. The company did not respond to requests for comment. Recently, the government allotted the land for housing for the employees of the Tirumala temple.

In the wake of this, Reliance withdrew its proposal to set up a set-top box assembly unit. Information that the company has entered into an agreement with Foxconn to manufacture set top boxes as per the requirements. During the talks held by their officials … Industries Minister Gautam Reddy said that Reliance Industries representatives had said that there was no need to set up a unit in the state now.