IT and Industries Minister KT Rama Rao today said that Telangana has favourable atmosphere for automobile investments. Participating in Society of auto mobile manufacturers associations (Siam) here he said that the government is giving priority for manufacturing sector and support automobile industry expansion. He extended support like training to human resources, land, power supply, water and other facilities from the government for automobile industry.
The minister said that the government is implementing hassle free industrial policy giving permissions in 15 days. This helped the state get huge investments from the international companies and the government is ready to give all support he said. Siam meeting appreciated the government policy for promotion of industries and said that electric mobility sector has more opportunities in future