Telangana remains a favorite destination for investors: Minister KTR

Minister KTR stated that several major companies are keen on setting up their operations in Telangana. He made this comment at a review meeting held with HoDs of IT and Industries departments in Hyderabad today.

In the meeting, the officials informed that several companies which approached the Telangana government have already received nesessary approvals and will be laying foundation stones in the coming months.

In the meeting, Minister instructed officials to provide complete assistance to the companies which are coming forward to invest in Telangana. "The new companies coming into the state will generate more employment opportunities for the locals," he said.

Minister enquired about the work progress of Industrial parks which are being set up in Telangana. He asked the HoDs of each department to submit a detailed report on the development works and further plans to be implemented in the coming four years.

IT & Industries Department Principal Secretary Jayesh Ranjan, Handlooms & Textiles Director Shailaja Ramaiyer, TSIIC MD EV Narasimha Reddy, ESD Commissioner GT Venkateshwar Rao, participated in the meeting.