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Telangana government clears investment proposals of 17 companies

Sai Nikesh | The Dollar Business Ten days after the launch of its industrial policy for 2015, the Government of Telangana (GoT) accorded project proposals of investors from 17 companies who expressed their willingness to set up their units in the State with a total investment of Rs 1500 crore. K Chandrasekhar Rao, Chief Minister (CM), GoT, handed over package of permit papers regarding the proposals, to the investors on Tuesday. Key part is that ‘all the project proposals put forth by the companies, whose applications for setting up industries have been finalized, were approved within ten days of applying against a time-limit of two weeks provided under the policy’. Speaking to The Dollar Business, Jayesh Ranjan, Director, Telangana State Industrial ...