Begin typing your search above and press return to search.

Good bye to Telangana, Andhra welcomes decision

By:  Tupaki Desk   |   3 Dec 2014 5:10 AM GMT
Good bye to Telangana, Andhra welcomes decision
X

After state bifurcation many of the industries walking out of ate lantana due to various reasons. Many industrialists focused on tax exemptions in Andhra trying hard to shift the industries. But some of the companies reasons to shift shocking Telangana government.

Mid sized industry OCTL which operating in Narkatpally, analog da district decided to move its operations to Krishnapatnam shocked state industry department officials. The company quoted labour issues as the main problem behind their decision. It's claimed the government failed to respond even after many requests. OCTL primarily produces oil supply pipes. The company decided to close all the operations in Telangana and placed application with Andhra Pradesh to provide required land allocation and other facilities. On one side Telangana government claimed their industrial plan is best in world but the results giving quite opposite results.