Chief Minister N Chandrababu Naidu will be laying the foundation stone for the 1000-bed Sri Venkateswara Institute of Cancer Care and Advanced Research to be jointly set up by Tata Trust and TTD near Alipiri in Tirupati on Friday. The Institute is coming up in 25 acres. Tata Trust Chairman Ratan Tata to attend the stone laying ceremony. Later, Chandrababu will address a public meeting and would explain about the CSR activities of the Tata Trust. Around 50,000 cancer cases are being registered in Andhra Pradesh every year.