Business EconomyPosted at: Oct 21 2016 1:15PM

Telangana, AP companies assures to invest Rs 2,000 cr in K’taka state

Hyderabad, Oct 21 (UNI) Karnataka Minister for Large and Medium Industries and Infrastructure Development R V Deshpande along with the senior state officials held one-to-one meetings with eight leading companies of two telugu states of Telangana and Andhra Pradesh at a road show held here last night.
The leading companies with which the meetings were held are Astra Microwave Products Ltd, Pennar Industries Ltd, SMS Pharamceuticals Ltd, Mishra Dhantu Nigam Ltd, Malaxmi Group, Vijayanagar Sugar Private Limited, Voith Turbo Pvt Ltd, and IJM (India) Infrastructure Ltd. The discussions took place in the field of design , Metal alloys, Pharmaceuticals, construction and Sugar.
During the meetings, the companies were detailed about the infrastructure, facilitation support that will be provided by Karnataka government for their investments in the state.
They were also requested to consider Karnataka for their immediate proposed investments.
Mr Deshpande assured the companies that all support would be extended for implementation of projects in the state.
The companies also expressed their willingness to have their new investments and expansion plans in the state of Karnataka.
During today’s meeting, the companies had assured an investment of about Rs 2000 crore in the state.
Karnataka Government Commerce and Industries Additional Chief Secretary D V Prasad, Indistrial Development Commissioner Gaurav Gupta were also present.
UNI KNR CS 1313

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Tags: #Telangana # AP companies assures to invest Rs 2 #000 cr in K’taka state

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