Wipro has invested in a state-of-the-art soap finishing line that runs at a high speed of producing 700 soaps a minute.
MRF is India’s biggest and world’s sixth largest tyre manufacturing company that produces rubber products, including tyres, treads, tubes, sports goods, paints and coats.
Speaking on this occasion, Industries Minister KT Rama Rao said that the state government will provide all the support to ready the manufacturing plant as soon as possible.
Mentioning that the State has already attracted investments worth a whopping $32 billion, Rama Rao stated that Telangana’s GDP and per capita income are on the rise.
Industries secretary Jayesh Ranjan said that policies such as TS-iPASS and T-IDEA have helped in getting global companies to invest in electronics, textiles and aerospace sectors.