Another good news for AP .. Steel Plant with Rs 17,000 crore
Another international company will be arriving in Navratras Siva. An international organization has come up with an investment of Rs 17,000 crore for the steel industry. Representatives of the State Economic Development Council (EDB) met Chief Minister Chandrababu Naidu. The International Organization of Industries has taken into consideration the McCansey report that there is plenty of opportunities for the establishment of the steel industry. However, the company has kept the company's name confidential on the condition that it does not disclose its name.
The company, which has recently met with Chandrababu, expressed satisfaction over the resources. They also told Chandrababu to consider the possibilities of setting up the plant in more areas including Kadapa. The state government has also agreed to this. Thousands of people in Rayalaseema will get employment and employment opportunities if the steel industry is formed in Kadapa.
On the other hand, Hindustan firm will set up its manufacturing plants in Chittoor and West Godavari districts worth Rs 1,000 crore, said MD Sandeep Somani. Eddie CEO Krishna Kishore met Wednesday with Chief Minister. Chittoor and West Godavari districts, along with two other places, are also planning to build sanitary products manufacturing plants.
Likewise, Polymer's company is also ready to expand in AP. The representatives of the company, which met with Chandrababu on Wednesday, will soon be meeting with full-fledged proposals. Mitsubishi is also ready to invest. Representatives also met with Chandrababu.
I have no interest on this company just passing information for others to dig deep if interested.
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