Monday, Oct 18 2021 | Time 13:20 Hrs(IST)
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States » South


Telangana: Three companies to set up jute mills with Rs 887 cr investments

Hyderabad, Sept 17 (UNI) The Telangana government entered into separate Memorandum of Understanding (MoUs) with Gloster Ltd, MBG Commodities Pvt Ltd, and Kaleshwaram Agro Pvt Ltd here on Friday to set up jute mills in three districts in the state.
The three companies signed separate agreements with the state government in the presence of Ministers K T Rama Rao, Singireddy Niranjan Reddy and Gangula Kamalakar, to set up jute mills in Telangana with a cumulative investment of Rs 887 Crores.
The proposed jute mills will provide direct employment to about 10,400 people.
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