KTR urges Centre to encourage progressive States
Hyderabad, June 22 (Maxim News): Minister for IT and Industries KT Rama Rao has urged the union government to encourage the progressive States like Telangana and extend all help by offering incentives.
He was speaking at a programme after laying a foundation stone for VEM Technologies Pvt. Ltd.’s Integrated Defence Systems at NIMZ, Zaheerabad in Sangareddy district on Wednesday.
The Minister said the State government had asked the Centre to grant a defence industrial production corridor between Hyderabad and Bengaluru and conveyed it the proposed corridor would help in using each other’s strengths for value creation due to the presence of a set ecosystem.
However, ignoring the plea of Telangana State, the Centre has sanctioned it to Bundlekhand, where no such ecosystem is in place. At least now, the union government should keep aside politics and encourage the progressive States like Telangana,” KTR said.
VEM Technologies is investing Rs 1,000 crore in Zaheerabad to set up an Integrated Defence Systems unit. It is coming up in 511 acre at the National Investment and Manufacturing Zone (NIMZ) at Zaheerabad. The project is expected to create direct employment to 2,000 people and indirect employment to 4,000.
VEM is a renowned Defence and Aerospace company that offers end-to-end technology solutions and systems for various weapon systems for land, air and naval applications.
VEM, which already has two units in Hyderabad, will use this for carrying out defence works in Zaheerabad.
MP BB Patil, MLAs Manik Rao, Kranti Kiran, Bhupal Reddy, MLC Seri Subash Reddy, TSIIC Chairman G Balamallu, Zilla Parishad Chairman P. Manjusree Jaipal Reddy, principal secretary Jjayesh Ranjan, district collector Dr A Sharath were present on the occasion. (Maxim News)
Next Story :
-
Man Found Dead After Falling From Train In Warangal
![Man Found Dead After Falling From Train In Warangal]()
Warangal: A man died after he fell off a running train between Eluguru- Nekkonda railway stations on Sunday. He was aged about 30 years.
-
PM Modi Receives Kuwait’s Highest Honour, 20th International Award By A Country
![PM Modi Receives Kuwait’s Highest Honour, 20th International Award By A Country]()
Prime Minister Narendra Modi was awarded the Wisam Mubarak al-Kabeer, or the Order of Mubarak the Great, by Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait, on Sunday (December 22).
-
Tension Outside Allu Arjun’s House: JAC Leader’s Agressive Protest
![Tension Outside Allu Arjun’s House: JAC Leader’s Agressive Protest]()
Hyderabad: Tension prevailed at the residence of popular Telugu actor Allu Arjun on Sunday as members of the Osmania University Joint Action Committee (OU JAC) staged a protest demanding justice for Revanth’s family.
-
Students Send Bomb Threats To Schools To Postpone Exams: Check Here What Students Said
![Students Send Bomb Threats To Schools To Postpone Exams: Check Here What Students Said]()
NEW DELHI: Bomb threat emails to at least three schools in Delhi were sent by their own students, Delhi Police said on Sunday.
-
Congress government committed to providing quality education for all: Uttam
![Congress government committed to providing quality education for all: Uttam]()
Hyderabad, December 22: Irrigation and Civil Supplies Minister Capt N Uttam Kumar Reddy reaffirmed the Congress government’s commitment to making quality education accessible to all sections of society. He emphasized the need for government-driven initiatives to uplift disadvantaged groups and address long-standing gaps in the education system.
Now you can get latest stories from Indtoday on Telegram everyday. Click the link to subscribe. Click to follow Indtoday Facebook page and Twitter and on Instagram. For all the latest Hyderabad News updates
