Hyderabad, Sept.1 (NSS): Health Minister Etela Rajender on Sunday said industrialists feel that Telangana State was the most favorite destination for making investments than Gujarat State.
Inaugurating Asia’s largest STENT making unit at Sultanpur on the city outskirts, Etela, accompanied by his cabinet colleague Ch Malla Reddy, said the whole world was keenly observing the difference in development that the Telangana State has witnessed after its formation and before. He said the new State was absolutely suitable for establishment of any industry.
Stating that Gujarat was the favorite destination for several industrialists in the past, Telangana has surpassed that State by becoming the only State to provide 24-hour uninterrupted power supply. He urged the industrialists to provide jobs to local people in their units. He also said the State government was striving hard to develop the State on all fronts. He said, “Telangana was noted hub for huge investments for national and international companies. Chief Minister K Chandrashekhar Rao has been offering hassle-free permissions for such companies to come up with investments. Ours is one of the fastest growing States in the country, Rajendar said.