Telangana’s Minister for Industries & Information Technology Mr K T Rama Rao met Indian industry leaders in Mumbai last week to seek investments in the state. Mr Rao assured JSW Steel Chairman and Managing Director Mr Sajjan Jindal of complete cooperation if JSW Steel decides to establish a steel factory in Bayyaram in the state. Mr Rao explained to him Telangana Government’s industry-friendly policies, economic progress achieved by the state which makes it conducive destination for investments, the avenues to expand their operations, among other things.The Minister said that the central government and Steel Authority of India Limited came forward to establish a steel plant in Bayyaram as there is ample reserve of iron ore in Bayyaram and adjacent Chhattisgarh, the area is ideal for setting up steel plant.Mr Rao is also leading a delegation from the State to the World Economic Forum, which is being organised from January 16-20 in Davos in Switzerland to meet top leadership of several marquee global firms at the Telangana Pavilion set up there with an aim to showcase Telangana as an investment destination for global firms
Telangana’s Minister for Industries & Information Technology Mr K T Rama Rao met Indian industry leaders in Mumbai last week to seek investments in the state. Mr Rao assured JSW Steel Chairman and Managing Director Mr Sajjan Jindal of complete cooperation if JSW Steel decides to establish a steel factory in Bayyaram in the state. Mr Rao explained to him Telangana Government’s industry-friendly policies, economic progress achieved by the state which makes it conducive destination for investments, the avenues to expand their operations, among other things.The Minister said that the central government and Steel Authority of India Limited came forward to establish a steel plant in Bayyaram as there is ample reserve of iron ore in Bayyaram and adjacent Chhattisgarh, the area is ideal for setting up steel plant.Mr Rao is also leading a delegation from the State to the World Economic Forum, which is being organised from January 16-20 in Davos in Switzerland to meet top leadership of several marquee global firms at the Telangana Pavilion set up there with an aim to showcase Telangana as an investment destination for global firms
