Saturday, March 11, 2017
Chief Minister Nara Chandrababu Naidu on Saturday laid foundation stone for the construction of the defence spare parts manufacturing company, VEM Aerocity at Vatluru in Pedapadu mandal in West Godavari district.
Speaking at a meeting, he said that the government had sanctioned 350 acres for the project which could generate about 7,500 jobs once the construction of the company was completed. The Government of India listed the VEM Aerocity under A-category and 20 more small units would come up in the vicinity.
A Long Range Missile Testing Centre at Nagayalanka, Krishna district, the Army Training Centre in Chittoor and the BEL Optics Unit at Nimmakuru would be completed in the coming years ensuring good employment opportunities.