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Andhra Pradesh State Policies

Electronic Hardware Policy, 2012-2017

Electronics, reported at USD 1.75 trillion, is the largest and fastest growing manufacturing industry in the world. It is expected to reach USD 2 trillion by 2014 and USD 2.4 trillion by 2020. Currently, the demand in the Indian market stands at USD 45 billion and is projected to grow to USD 125 billion by 2014 and USD 400 billion by 2020.

The Electronics Hardware industry in India in general and Andhra Pradesh in particular is poised for high growth however there exist multiple challenges that need to be addressed in order to realize its true potential. Key challenges among these are inadequate infrastructure, frequently changing tax structure, supply chain and logistic s issues, inflexible labor laws, limited R&D focus, non-availability of funding mechanisms, limited focus on value addition and exports. Supply lagging behind demand in India, result to ever-increasing imports from China, Taiwan, and South Korea etc. Local manufacturers cannot match the competitive prices of imported finished goods due to these challenges.

To meet these challenges and promote Industry’s penetration into global markets, the state government has incentivised the sector through this policy. This policy includes Industrial Electronics, Computers and peripherals, communication, Electronic Manufacturing Services and broadcast equipment strategic electronics and components within its ambit.

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Solar Power Policy, 2012-17

In order to promote generation of power from Solar Power, the State Government introduced the Andhra Pradesh Solar Policy in September, 2012. The present situation prevailing in the State with regard to substantial gap between the demand and supply position of power calls for taking immediate measures to augment production of energy through non conventional sources on fast track. Keeping in view the conducive environment present to encourage solar power and also the fact that the production of solar power is less time consuming, it has been decided to formulate the this policy to encourage generation of solar power in the State.

Two of the most important incentives are A. no wheeling charges for developers who commission their plants by June 2014 and B. 100% conditional banking permitted for January to December cycle.

Read Full Text of the Policy

 

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