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Oz, Malaysian firms keen to invest in State
Oz, Malaysian firms keen to invest in State. An Australian delegation, led by Australian Consul-General to South India Sean Kelly, called on Telangana Industries Minister Jupally Krishna Rao in the Secretariat and discussed about the NSL Mining Company which converts low grade iron ore to high grade.
Separate teams meet Industries Minister Jupally Krishna Rao
Hyderabad: An Australian delegation, led by Australian Consul-General to South India Sean Kelly, called on Telangana Industries Minister Jupally Krishna Rao in the Secretariat and discussed about the NSL Mining Company which converts low grade iron ore to high grade. They Australians expressed keen interest to establish a steel industry in Telangana.
The Australian delegation comprising Natasha Morris, Vice-Consul, Peter Baldwin, Regional Director, South Asia, Government of Western Australia, Trade and Investment office and Ray Nico, Executive Director, State Government of Victoria evinced keen interest in bringing investments from Australia to Telangana and appreciated the industrial policy of Telangana State. They said Telangana had become an important destination with s lot of opportunities for companies to set up shops.
They said they were looking into vocational education, mining, environment, infrastructure, road safety & transportation, technology and also start-ups. They said they wanted to promote bio-technology and life sciences and were already working with several Hyderabad-based companies. They also informed that the Australia Retail College would be interested to explore the possibility of starting and setting up skill development centres. They informed there were some 3,000 Skill development centres in Australia and were keen to train people in Telangana.
The team also discussed the development of Pharma City. It said Australia was very strong in infrastructure development and that would like to be involved on that front. They discussed about sugar industry and informed that Australia was one of the most efficient producers of sugar in the world and was known for efficient produce and was keen to explore on the possibilities of knowledge sharing and partnership in this industry too.
Jupally Krishna Rao explained the State’s industrial policy and welcomed investment in Telangana. He assured all possible support from the government to the Investors. He also welcomed the Australian Consul General to lead a delegation of investors and promote Telangana in Australia. He told the delegation that very soon the city would have multi-layered flyovers, signal-less traffic and why Telangana was the new hot favourite destination for investments, given the good climate conditions, availability of skilled labour, educational hubs, health care facilities and so on.
Meanwhile, Malaysian giant Spritzer BHD, the largest bottled water producer in Malaysia represented by Kenny Lim Seng Lee, Group General Manager, Jo-Ann Chang met the Industries Minister along with a delegation and expressed interest in setting up their project in Telangana.
