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TS Govt committed for huge Industrial Investments

11th March, 2015 2:48pm     Telangana      Comments  

TS Govt to make all arrangements for huge Industrial Investments

Continuing its focus on development of agriculture and industries, Telangana Government on Wednesday unveiled Budget for 2015-16 with a total outlay of Rs.1,15,689 crore.

Responding on the State Budget 2015, Chief Minister satetd that the Budget focuses on welfare, industrial development.

The state would attract the industrial Investments in a large number. Adequate lands for the Industrial development are identified by the state government. About 35,000 acres of land near Rachakonda, 1.5 lakh acres in the outskirts of greater Hyderabad and adequate lands in Shamshabad, Kandukuru of Rangareddy district are identified till now, said Chief Minister KCR.

The lands near Rachakonda would be alloted for setting up of Electronic Hardware and Cinema Studios. On the other hand, a pharma city would be set up in kandukuru of Rangareddy district, said KCR.

The tax exemptions for the Industrial Investments will be discussed with the Central Government. All the arrangements would be made for the uniterrupted supply of Power and water. 10 percent of water will be supplied to the Industries through the water grid project. For the supply of Power, a 2000 solar power plant would be set up, added KCR.

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