Our highest priority is always employment generation, Minister KT Rama Rao

The CII Telangana organized its annual session & conference on “Beyond India@75” with the theme “Accelerating Telangana Growth Momentum – Resilience through Competitiveness, Innovation, Entrepreneurship, Sustainability” in Hyderabad.
Minister for IT, Industries and MA&UD, Government of Telangana, Mr KT Rama Rao, inaugurated the conference and handed over Industries Awards 2022 by the Government of Telangana and Haritha haram awards by CII to the winners.
Addressing the delegates, Mr KT Rama Rao said that Telangana is increasingly transitioning into a knowledge-based economy. The Smart Factory or intelligent factory is no longer a vision for us. We now have many smart factories in Telangana. Industry 4.0 also aids the transition into Knowledge Economy by increasing reliance on intellectual capabilities than on physical inputs. 9 billion doses/ 35% of total vaccines are produced in Hyderabad now and by end of next year, the production may go up to 14 billion doses which would be about 50% of the capacity of the total vaccine Globally. We have always prioritized employment generation over investments. Start-ups in Telangana are charting unknown territories and creating new benchmarks. He also acknowledged the amazing work of Skyroot, Dhruva Aerospace, and Marut Drones by being change makers.
In the last 8 years, we have developed 55 Industrial Parks across 28,500 acres which is area-wise more than the 109 Industrial parks developed in the last 40 years across 26,000 acres. Currently, 72 more Industrial Parks are under development with a target to develop 30,000 acres in the next 5 years. We have also developed a Hub & Spoke model arrangement to support SHGs, Farmers, and other Cooperatives in Rural/hinterland with access to Cluster facilities and Rural Industrial Parks. Today Telangana’s economy is growing at a fast pace, and we are attracting talent and knowledge workers from across the country
Ms. Suchitra Ella, Chairperson, CII Southern Region mentioned that Competitiveness is a critical enabler for the growth and success of any industry. CII has been working on competitiveness for a long and has built robust capabilities to foster growth in sectoral and enterprise competitiveness.
Like Ease of Doing Business, CII is also advocating on Cost of Doing Business (CoDB) that will take into account finance and capital cost, compliance costs, and societal and governmental costs and will help States assess the reforms needed to bring in efficiency and lower costs. Telangana has become the leader in Innovation by the launch of T-Hub, the largest facility for innovation in the country. Sustainability is a key area where CII can collaborate with Industry and Government. Indian Green Building Council (IGBC) of CII launched the ‘Mission on Net Zero’ with an aim to create a sustainable built environment for all and facilitate India to become one of the global leaders in the sustainable built environment by 2025.
Mr. Sabu M Jacob, Managing Director, KITEX Group mentioned the great support extended by the Government of Telangana for KiTEX Group and the company initially planned to invest Rs. 1000 crore but due to the proactive response from the State Government has decided to invest Rs. 3000 Crore. He also mentioned that textiles is primarily a labour-intensive sector and a few thousand jobs, especially for women will be created. They are setting up plants at Kakatiya Mega Textile Park in Warangal and at Sita Ram Pur.
Mr Vagish Dixit , Chairman, CII Telangana & Managing Director, ALPLA India Pvt. Ltd. said that CII Telangana is committed to being a strong partner in the Growth Story of Golden Telangana and we are willing to extend our full support in the process of accelerating Growth through Competitiveness, Innovation, Entrepreneurship & Sustainability. Sustainability is increasingly being recognized as being an integral part of any business model. Business leaders are increasingly realizing the need to integrate environmental and social issues that must be woven into a business’ core, its mission, and its vision through Sustainability Initiatives