Telangana willing to develop cluster for French firms: KTR

Hyderabad: Telangana government is willing to develop a dedicated industrial cluster for French companies, particularly SMEs. Companies that intend to invest in India can mention what other States were offering to them. In such cases, Telangana would meet their offer or even better it, said IT and Industries Minister KT Rama Rao. Delivering the keynote […]

Hyderabad: Telangana government is willing to develop a dedicated industrial cluster for French companies, particularly SMEs. Companies that intend to invest in India can mention what other States were offering to them. In such cases, Telangana would meet their offer or even better it, said IT and Industries Minister KT Rama Rao.

Delivering the keynote address at the ‘Ambition India 2021′ conference in Paris, he said while national policies were the prerogative of the Central government, in India’s federal structure, the States also enjoy considerable autonomy in areas like allotment of land, providing approval and permissions, helping companies get trained manpower, and having preferential procurement policies.

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He highlighted the welfare schemes and development taking place in Telangana State under the leadership of Chief Minister K Chandrashekhar Rao. He also mentioned about the investor-friendly policies and the industrial ecosystem prevailing in the State.

“We (Telangana) are the most progressive State in the country. The State’s industrial policy TS-iPASS allows for self-certification and also promises 15-day clearances by statute. And if we don’t deliver within the 15-day window, on the 16th day, it is deemed approved,” Rama Rao said at the event which had a theme ‘Growth: Drafting the future of Indo-French relations in a post-Covid era’.

Telangana has a landbank of about two lakh acre with the Telangana State Industrial Infrastructure Corporation, the government agency overseeing the industrial development. These lands are strategically located and have quality infrastructure like power, water, waste disposal, and connectivity, he said.

He also highlighted the role being played by the Telangana Academy for Skill and Knowledge (TASK) in meeting the training and manpower requirements of companies operating in Telangana. The Government would train people at its own cost transforming them into quality human resources. It also provides major employment opportunities to locals, he said.

The IT Minister’s keynote address drew applause from business and political leaders attending the ‘Ambition India 2021’ conference at the French Senate, which is located in the Luxembourg Palace.

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