Chief Minister N Chandrababu Naidu laid the foundation stone for TCL at Renigunta in Tirupati on Thursday. The TCL is setting up a manufacturing unit at an estimated cost of Rs 2,200 crore. The unit will be set up in 158 acres of land. IT Minister Nara Lokesh is instrumental in convincing TCL to set up their unit in Andhra Pradesh. Once TCL begins production by December 2019, it will generate direct and indirect employment to 8,000 locals including educated youth. TCL Chairman Li Dongsheng and other officials were present.