Anantapur was one of the undeveloped districts in United Andhra Pradesh. People from the district were revolted against the division of the state. Now the same division may change the fate of the district. It seems that Anantapur is likely to be fastest developing districts after the division. Nearest to the Bangalore Airport is added advantage to the district that makes industrialists looking towards Anantapur.
Several IT and electronics industries have looking towards Anantapur. Bangalore based Smile Electronics is likely to start its work in July in Chilamathur mandal in the district. SMILE would invest 300 crores and plan to generate 3000 jobs to the youth. Eight other electronic industries also start their units in Raaga Myuri Electronics Park in Chilamathuru which was spread over 50 acres.
Apart from this, IT Minister Palle Raghunath Reddy meet 100 companies representatives in Noida by the end of this month for investment. After seeing the investment of several industries from Karnataka in Anantapur, it will become another Ranga Reddy district. Division helps to the development of the drought district Anantapur.
