Foreign firms keen on investing in TS

Delegations from Australia and Malaysia meet Industry Minister

October 01, 2015 12:00 am | Updated 05:44 am IST - Hyderabad:

Leading Malaysian bottled water firm Spritzer Bhd and Australian company NSL Mining evinced interest in setting up projects in Telangana.

A team led by Spritzer Group general manager Kenny Lim Seng Lee informed Industries Minister Jupally Krishna Rao that the company would send a delegation to explore possibilities of setting up a plant in the State. It would also identify land for the project, said a release issued by Minister’s office on the team’s visit.

Apart from the Malaysian team, a delegation led by Australian Consul- General to South India Sean Kelly also met the Minister on Wednesday. The State industrial policy and the Australian firm NSL Mining’s proposal to set up a steel plant in Telangana were discussed, the release. The firm converts low grade iron ore to high grade and has operations in Andhra Pradesh.

Vocational education, mining, environment, infrastructure, road safety and transportation, technology, bio-technology, life sciences were some of the areas of interest to Australian firms, the delegation members said. Start-up firms in the State were also attracting their attention. The delegation said The Australia Retail College would like to explore the possibility of setting up skill development centres in the State. Australia, the members said, could share its expertise in infrastructure development for the proposed Pharma City near Hyderabad.

Mr.Rao assured all possible support from the government for the investors, the release said.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.