Telangana conducive for manufacturing industries: Minister Sridhar Babu

Metro India News | Hyderabad 

Telangana offers vast investment opportunities in sectors such as life sciences, biotechnology, aerospace, defence, semiconductors, AI and GCCs, Industries Minister D Sridhar Babu said on Friday. He stated that the state government was making deliberate efforts to transform Telangana into a world-class manufacturing hub.

The state offers investor-friendly industrial policies, world-class infrastructure and a skilled workforce, he said, during an interaction with a high-level German delegation led by Tobias Gotthardt, Vice Minister of the Bavarian Ministry of Economic Affairs, Regional Development and Energy. Telangana was the most conducive state for establishing manufacturing industries compared to other states in the country, Sridhar Babu said.

During the meeting, both sides discussed opportunities to strengthen bilateral relations further, a press release said. The minister explained the policies being implemented by the state government to accelerate industrial development and the incentives being extended to industries. He urged the German delegation to encourage industrialists from their country to invest in Telangana.

The minister added that the state government was ready to expand the Telangana-Germany partnership beyond investments to include collaboration in technology, research and skill development.

Jaju pushes fast-track industrial growth

Chief Secretary Sanjay Jaju on Friday reviewed the progress of key industrial infrastructure projects with senior Industries and Commerce department officials at the Secretariat, stressing faster execution to boost investments and employment in Telangana.

The review covered major Telangana Industrial Infrastructure Corporation (TGIIC) projects, including Bharat Future City, Zaheerabad Industrial City and the Kakatiya Mega Textile Park. TGIIC Managing Director Shashanka briefed the meeting on project status, infrastructure development, investment prospects and completion timelines.

Jaju said Telangana should strengthen its position as a preferred investment destination by providing world-class infrastructure and a business-friendly ecosystem. He directed departments to work in close coordination, regularly monitor project progress, identify bottlenecks early and ensure timely completion.

He noted that flagship projects have the potential to transform Telangana's industrial landscape, attract significant investments, generate large-scale employment and promote balanced regional development. Senior officials from the Industries, Handlooms and Textiles departments, Invest Telangana, Future City Development Authority and TGIIC attended the meeting.