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Business EconomyPosted at: Sep 23 2023 6:50PM


Sintex to set up manufacturing unit in Telangana with Rs 350 cr investment

Hyderabad, Sept 23 (UNI) : Sintex which is a part of Welspun Group, will set up a manufacturing unit in Telangana with
an investment of Rs 350 crores.
Manufacturing Tanks, pipes, auto components, and ancillaries , the plant will create 1000 jobs in the Telangana region, the company said in a release here on Saturday.
Telangana Minister for IT and Industries KTR and Welspun Group Chairman BK Goenka will be laying the foundation stone for the Sintex manufacturing plant at Chandanvelly (Rangareddy District) on September 28.
KTR stated that the Government of Telangana welcomes the company’s decision to expand its operations in the State.
He thanked the leadership of Sintex for deciding to invest in Telangana and stated that the progressive policies and world-class infrastructure being offered by the Govt of Telangana have encouraged the company to set up its units in the State.
The Minister said that the Government of Telangana will provide complete support to the existing companies who plan to expand their operations in the State.
Goenka stated that the company is running operations successfully in the state and the investment-friendly policies of Telangana Government have encouraged them to expand operations in the region.
UNI KNR KK
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Tags: #Sintex to set up manufacturing unit in Telangana with Rs 350 cr investment
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