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This is the maiden venture in India of the Brighton Group that has a major presence in China apart from the US.
Brighton President and Chief Executive Officer Kit Kung and Andhra Pradesh Principal Secretary (Industries) B Sam Bob signed the MoU in the presence of state Chief Minister N Kiran Kumar Reddy, Major Industries Minister J Geeta Reddy, among others in the state Secretariat here.
"Brighton will invest Rs 2,880 crore and provide direct employment to 2500 highly-skilled personnel, including 500 engineers, and indirect employment to another 10,000. The proposed plant will be set up on an 800-acre site at Nakkapalli in Visakhapatnam district," Geeta Reddy said