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KTR sure of attracting investments from Japan
Minister for Industries K T Rama Rao on Thursday said that his tour to South Korea and Japan had helped in showcasing Telangana State to these two major electronic products manufacturing countries.
Hyderabad: Minister for Industries K T Rama Rao on Thursday said that his tour to South Korea and Japan had helped in showcasing Telangana State to these two major electronic products manufacturing countries.
The Minister said when he explained about the policies of Telangana State government, particularly about the TSIPAS, the industrialists in Japan and Korea were impressed with the ease of doing business in the State.
He said the company representatives of Hitachi, Softbank, Toshiba, Sumitomo, Eisai and others would visit the State soon. He further said some of the companies which have presence in the State had agreed to expand their business.
KTR was confident that in the coming days, Telangana State would become the destination for investments for many Korean and Japanese companies.
The Minister said invitation had been extended to the companies to attend ‘Invest Telangana’ which would be organised in November.
As part of this, business meetings would be organised with Japanese companies from Tokyo and Osaka.
The Japanese and the Korean companies had requested for a separate industrial zone for them in the State.
The Japanese companies had come forward to extend assistance to MSME in the State.
