TS favourable for investments: KTR

TS favourable for investments: KTR
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Highlights

IT Minister KT Rama Rao on Wednesday said Telangana was a favourable destination for investments. Inaugurating Amazon Fulfilment Centre at Penjrala in Kothur Mandal near Hyderabad, the Minister said the new company would offer at least employment to 500 people in the city.

Mahabubnagar: IT Minister KT Rama Rao on Wednesday said Telangana was a favourable destination for investments. Inaugurating Amazon Fulfilment Centre at Penjrala in Kothur Mandal near Hyderabad, the Minister said the new company would offer at least employment to 500 people in the city.


Rama Rao also exuded confidence that the fulfilment centre would provide employment opportunities by giving priority to local talent. He also said that the government urged Amazon to open its Cloud Centre and invest more funds in Hyderabad. The State government was coming up with an ambitious new industrial policy on June 12.


Chief Minister K Chandrashekar Rao will unveil the policy in the presence of as many as 2000 industrial bigwigs, business honchos, companies and others. He would share his ideas with them to polish up the policy enabling them to hassle free permissions, Rama Rao said

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