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Business Economy


Hatsun Agro to set up India’s largest ice cream manufacturing unit in Telangana with Rs 207 Cr

Hyderabad, Feb 12 (UNI) Hatsun Agro Product (HAP) Limited, the largest private sector dairy company in India based at Chennai, will be setting up India’s largest ice cream manufacturing facility at Sangareddy district in Telangana state.
The company will commence its commercial operations during the month of October 2020.
This was informed to State IT and Industries Minister K T Rama Rao by the officials at a review meeting held with the HoDs of IT and Industries departments at the MCRHRD Institute here on Wednesday.
Hatsun will be setting up its unit with a capital investment of Rs. 207 Crores and create more than 250 direct and 250 indirect employment opportunities.
The unit will also benefit more than 4,000 dairy farmers in the region.
Congratulating to Hatsun Agro for selecting Govindpur in Sangareddy district to set up India’s largest ice cream manufacturing facility, Minister K T Rama Rao tweeted “ heartening to know that works are progressing at a brisk pace and the unit will start its production by Oct 2020.
Earlier in the review meeting, the Minister claimed that many global companies are keen on making major investments in Telangana.
The Minister stated that major companies from the food processing sector are keen to invest in Telangana and the announcements of the same will be made soon.
He said that the Government will provide complete assistance to the companies which are willing to invest in the state.
During the meeting, the Minister instructed the officials to make plans towards decentralizing the IT sector in Hydearabd to ensure its growth is spread across the city.
He stated that the efforts of the government to boost the IT sector in the tier 2 cities of the state are yielding good results.
Minister KTR will be inaugurating Karimnagar IT Tower on February 18, 2020.
Telangana govt's prototyping facility T-Works and T-Hub Phase 2 are also getting ready for inauguration soon.
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