Goenka group to set up food processing industry in Telangana

RP-Sanjiv Goenka Group may set up a food processing industry in Telangana with an investment outlay of Rs. 200 crore, according to an official release.

Telangana IT and Industries Minister KT Rama Rao who is in Kolkata met the Group chairman Sanjiv Goenka and thanked him for the initiative, the release said.

“RP-Sanjiv Goenka Group would be investing Rs. 200 crore for setting up a food processing industry in 20 acres of land at Toophran in Siddipet district. The Group will manufacture some of their popular snack brands here,” the release said.

The industry is expected to provide direct employment for 1,000 people, it added.

KTR also met Hemanth Kanoria, chairman of Seri Infrastructure Finance Limited and sought investments in some of the infra projects that are coming up in Hyderabad.

The Minister also met some of the leading businessmen in Kolkata and sought their support in their respective sectors, the release further said.

[PTI]

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One Response

  1. Murgan S says:

    TRS is doing very well in promoting agriculture and Industries parallel, this will create more jobs in both sectors and it will improve overall GDP growth. As we know that if every citizen has job or productivity, automatically GDP will be good.

    TRS should avoid making any alliance with TDP or any other parties in 2019. It should go as single party in election just like it happen in 2014. TRS should not make same mistake which it did in 2009 with TDP alliance. Because its difficult to convince people of telangana during election campaign if TRS goes with TDP as alliance based on Andhra exploitation in history.

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