ktr mumbai tour - Telangana State Info

Tatas to help build 2BHK houses Scheme

02/09/2016 By admin

Famous industrial house Tata Group came forward to lend its hand to the Telangana government in the construction of 2BHK houses Scheme for the poor in the Telangana State.

This was disclosed by group’s chairman Cyrus Mistry to Telangana Information Technology and Panchayat Raj Minister K T Rama Rao. The minister was in Mumbai to meet Mistry along with another big industrialist Mukesh Ambani in his bid to attract investments to the State.

The minister explained the avenues of investment available in Telangana to Mukesh and Mistry. He said that Tata Group which already has its presence in Hyderabad has shown interest in expanding the activities. KTR informed the Tata Group chairman about the comments of Chief Minister K Chandrasekhar Rao that Tatas were Telangana’s brand ambassadors. The minister was told by Mistry that they would participate in the housing programme.

He was also informed that Tata – AIG Technology Development Centre would be established in Hyderabad. Tata Group also decided to support T-Hub through Tata Capital.

Rama Rao, in his meeting with Mukesh Ambani, explained about the prestigious projects of Telangana like Mission Kakatiya, Mission Bhagiratha, 2BHK houses and power plants extension. He informed that the government has been going forward with a time bound schedule in implementing the programmes.

The minister mentioned the Chief Minister’s pledge that they would not go election if Mission Bhagiratha was not accomplished successfully. He was told by Ambani that the Telangana government has a vision and taking it forward with an action plan.

“Vision without execution is illusion”, the minister was told by Ambani. Appreciating the efforts of the government, Ambani said that they have plans to work with it. He said soon they would come out with grand plans for Telangana.

Two Major Industries Extend Support to Telangana: says KTR

02/09/2016 By admin

The IT minister K T Rama Rao on Monday got assurances from two major industrial groups to invest in various sectors in Telangana.

While the Reliance Group categorically said they have plans to partner with the Telangana state government, Tata Group had extended its support to the state government’s prestigious double bedroom house scheme and also other schemes.

KTR was in Mumbai on Monday where he met Reliance Group chairman Mukesh Ambani and also Tata Group chairman Cyrus Mistry.

During his meeting with Mukesh Ambani, KTR explained about the various opportunities for industrial development in the Telangana State. The minister explained about Mission Kakatiya, Mission Bhagiratha, double bedroom houses and initiatives taken in power sector to Mukesh Ambani.

“We are taking up every scheme with a deadline. We even announced that we won’t go for 2019 elections, if we fail to execute the Mission Bhagiratha project,” KTR told Mukesh Ambani. Mukesh Ambani was all praises for the Telangana government.

“Telangana government is going ahead with a vision and it is visible in its work,” Mukesh Ambani said adding, “Vision without execution is an illusion.” Stating that they have plans to partner with the Telangana government, Mukesh Ambani assured that they would soon partner with the government in a big way in various sectors.

Earlier in the day, KTR met Tata Group chairman Cyrus Mistry. The Tata Group had already evinced interest in investing in Defence and Aerospace sector in Hyderabad.

KTR told Cyrus Mistry that Telangana chief minister K Chandrasekhar Rao has already made it a point that Tatas are the brand ambassadors of Telangana. KTR discussed with Cyrus Mistry about the Tata Group’s investment in IT and industrial sector apart from housing sector.

“The Tata Group has agreed to partner with the state government in the prestigious double bedroom house scheme,” an official release said. The Tata Group’s Tata Housing Project will partnet with the government in the double bedroom housing scheme.

Cyrus Mistry told the IT minister that they will also set up TATA-AIG Technology Development Centre in the state and also extend their cooperation to the T Hub Innovation Fund through Tata Capital.