Hyderabad: Telangana chief minister A Revanth Reddy on January 3 held a meeting with a team of the Adani Group and invited the conglomerate to invest in the state.
Karan Adani, the eldest son of Adani Group chairperson Gautam Adani and the CEO of Adani Ports and SEZ Ltd., and his team held an investment meeting with Telangana chief minister and Industries minister D Sridhar Babu and a discussion around potential areas of investment were discussed.
In the meeting, the Adani Group expressed interest in setting up a data center project along with an aerospace park in Telangana.
The chief minister assured that the Telangana government will provide adequate facilities and subsidies to new industries for industrial development and employment generation.
The representatives of Adani Group said that they will continue with the old projects that have already been initiated.
They also sought necessary support from the government for the establishment of new projects.
The Adani Group said that the firm would compete for the top place in setting up industries and in creating jobs in Telangana, despite the change in government.