Coca Cola investing 1000 crores: IT Minister

During first assembly session of Telangana state IT minister KTR disclosed ruling party efforts in attracting the investments. He praised government and officials support in achieving the targets. He cited full details of various investment agreements which made since last five months.

KTR disclosed details of Coca Cola bottling project in Telangana and its progress. In addition to this he had disclosed FDI of Swedish international furniture company in the state. According to KTR words, Coca cola planned to invest 1000 crores in its first phase of bottling unit. He also disclosed ITC company initials talks on paper mill project worth of 3000 crores along with company plan of building a five star hotel in Hyderabad. The minister expressed his satisfaction over investor response and shown his confidence in building brand Hyderabad as a destination for investment hub in India.