Telangana state government has implemented the new industrial policy and the policy has been elaborated by Telangana Panchayat Raj Minister K Tarakarama Rao in a meet and the minister has claimed that Telangana State was  due to several initiatives taken by the State Government.

"Telangana Government has introduced first-of-its-kind industrial policy by facilitating self certification process for the entrepreneurs. The clearances for investment proposals, including Mega projects, are being given in a few days without any bureaucratic hurdles. The State Government has decentralised the industrialisation process and aims to develop five major industrial corridors with Hyderabad as the Centre. The stretches between Hyderabad and Warangal, Medak, Manchrial, Nagpur Road and Nalgonda are being developed as new industrial corridors. Several new projects are coming up around Hyderabad, especially in the new areas. Telangana would witness a boom in investments in the IT, Pharma, Life Sciences and other sectors in the next few months." KTR said.