HYDERABAD: The Telangana government has gone the whole hog to woo industies in the State. A couple of days after passing the new industrial policy, the government on Saturday announced attractive incentives for industries under Telangana State Industrial Development and Entrepreneur Advancement (T-IDEA) Incentive Scheme- 2014. Orders to this effect were issued by the Industries and Commerce Department.
For mega projects, the government will extend tailor-made benefits to suit to a particular investment requirements on case-to-case basis. Under the new industrial policy framework, the government approved various fiscal benefits for various categories of industries.
The incentives were announced to promote Telangana as the “best investment destination” for investors in the country and applicable to industries set up on or after January 2015 and before March 2019.