Mr. K.T. Rama Rao, the Information Technology and Urban Development Minister of Telangana, participated in the foundation stone laying ceremony of India’s Daifuku and Nicomac Taikisha companies in Chandanvelli of Rangareddy district.
On the 14th of July, Friday, Mr. K.T. Rama Rao laid the foundation stone for construction works of factories of two companies. Speaking on the occasion, the Bharat Rashtra Samithi (BRS) Minister said “Every time we go to Japan, we learn something new. Japan has grown into a wonderful country with very few natural resources available. Japan is facing repeated challenges from natural disasters.”
Sharing the news on Twitter, Mr. K.T. Rama Rao said, “I believe that these two companies, which have started the construction work of their factories today, will also achieve great success in the future.”
Mr. K.T. Rama Rao said, the projects attracted an investment of Rs. 575 crores, which would provide employment to 1,600 in the Telugu State. The companies have promised to get jobs for locals by adopting the local ITI.
These companies will also provide the necessary training for the upcoming jobs. Large scale companies are coming here because of the cooperation given by local leaders and local people for Chandanvelli. Companies ranging from textiles to electric vehicles are choosing this region as their hub, he added. Chandanvelli is growing as the most important industrial area in the State of Telangana, said KTR.
Furthermore, Mr. K.T. Rama Rao said that they are ready to set up a cluster in Chandanvelli especially for Japanese companies if required. Similar to the accuracy and performance of the Japanese companies, the Telangana government also gave permission to these two companies at a specific time, he added. He informed that Telangana government will continue the effective performance in the future as well.
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