Aurobindo, Hetero, Rane, Coca-Cola among 16 new units approved in TS

The Telangana Government has approved 16 industrial proposals with a total outlay of Rs. 1,046 crore under the TS-iPass facility.

The proposals cleared include that of pharma sector companies, bottling and beverages firms, automotive tubes and tyres and other industries.

Those in the pharmaceutical sector include that of Biological Evans with investment of Rs. 30 crore, Glukem Biocare (Rs. 11 crore), Aurobindo Pharma two units of Rs. 89 crore and Rs. 128 crore respectively in Mahabubnagar district, Hetero Labs Limited (Rs. 164 crore) in Rangareddy district and Genesys Biological (Rs. 11 crore) .

Those in the automotive sector include Mahindra CIE Automotive Limited for Sheet Metal Stamping with an outlay of Rs. 69 crore and Rane Madras Limited for Brakeliners with Rs. 42 crore also in Medak district and ACE Tyres Limited for automotive tubes and tyres (Rs. 15 crore) and Total Oil India Limited for bottling (Rs. 14.3 crore).

Hindustan Coca Cola Beverages will set up a Rs. 100 crore fruit juice, carbonated soft drinks project with an outlay of Rs. 100 crore.

In the solar power sector, Pemmasani Solar Power, Pragathi Group are setting up a 10 MW solar park each at Mahabubnagar. Each of these projects will see an investment of Rs. 72 crore. Sri Ramachandra Energy Infra will invest Rs. 72 crore on a 10 MW solar PV project in Medak district.

The cement and construction company My Home Industries has come out with a proposal for a 14 MW power plant based on waste at Nalgonda with an outlay of Rs. 140 core.

Jupally Krishna Rao, Minister for Industries, issued these approvals to 16 Industries. This is the third phase of the TS-ipass approvals being issued by Telangana since the launch of the new industrial policy.

These 16 projects with a total investment of Rs. 1,046 crore are expected to create an opportunity for about 3,000 jobs in the five districts of Medak, Mahabubnagar, Nalgonda, Warangal and Ranga Reddy districts.

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