Holitech, a Chinese electronics giant is setting up 2,00,000 SFT manufacturing unit in Tirupati. The company will be signing an MOU with Andhra Pradesh Government in the presence of Chief Minister Chandrababu Naidu.
This investment brings 1400 Crore investment and also thousands of new high-end jobs. This is the first manufacturing unit of Holitech in India. Earlier, they had assembling units in the country. Telangana, UP, and Haryana have competed with AP for this company.
The company majorly produces the following products: LCDs, LCD Modules, Touch Screens, Fingerprint recognition, Smart Wearable Products, intelligent Vehicle Products, Intelligent Micro Controller, Intelligent TLI/TFT Modules, Embedded Display Modules etc.