Hyderabad, June 22 (Hydnow): IT Minister KT Rama Rao has urged the Centre to encourage the progressive States like Telangana and extend all help by offering incentives.
He was speaking at a program 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.
Advertisements
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.
Advertisements
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. (Hydnow)
Next Story:
-
BRS Leaders Held Protest Over CM Revanth’s Comments On BRS Women Leaders
BRS leaders staged protest condemning the objectionable comments made by Chief Minister A Revanth Reddy against senior women BRS leaders P Sabitha Indra Reddy and V Sunitha Lakshma Reddy.
-
Strict Action Against People Who Collect Parking Fees Against Rules: GHMC Commissioner
GHMC Commissioner Amrapali Kata said that action has been taken against the malls and multiplexes that are charging parking fees contrary to the rules within the GHMC.
-
Osmania University Rescheduled Telangana SET
Osmania University on Thursday rescheduled the Telangana State Eligibility Test (TG SET), which will now be conducted from September 10 to 13.
-
Heavy Rains Warning In Telangana
The Indian Meteorological Department, (IMD) Hyderabad Center has warned that heavy rains will occur in many districts of Telangana state.
-
Four People Involved In Dacoity Offence Arrested
Maidardevpally and CCS Rajendra Nagar teams proceeded and apprehended the four offenders at Sasthripuram at Sasthripuram namely 1. Aqeel, 2. Adnan, 3. Mohd Saif, 4. Moshin
Now you can get latest stories from Hydnow everyday. Click the link to subscribe. Click to follow Hydnow Facebook page and Twitter and on Instagram
Advertisements