Telangana IT Minister, KTR has announced that Japanese companies Daifuku and Nicomac Taikisha Cleanrooms are investing Rs.450 crores and Rs.126 crores respectively, to build their manufacturing units in the state. KTR signed MOUs, in the presence of government employees and the company representatives. The IT Ministry of Telangana has shared the details on Twitter and stated,
“Nicomac Taikisha Cleanrooms Private Ltd. is setting up its third manufacturing facility in Hyderabad investing ₹126 Cr. To expand its cleanrooms production and start producing HVAC systems. The announcement was made in the presence of Industries Minister @KTRTRS today”
“In the presence of Industries Minister @KTRTRS, Telangana Govt. and Daifuku signed an MoU to set up a new manufacturing facility in the State. The world’s leading provider of automated material handling technology will invest ₹450 Cr and provide employment to over 800 people.”
Well, KTR also announced that he is happy to share the announcement that new employment opportunities are coming to Telangana state with these two new investments. He wrote on his Twitter handle,
“Happy to announce two Japanese investments into Telangana
Daifuku will invest ₹450 Crore in automation of logistics & provide employment to over 800 people
Nicomac Taikisha Cleanrooms is setting up its manufacturing facility investing ₹126 Crore”
Happy to announce two Japanese investments into Telangana 😊
✅ Daifuku will invest ₹450 Crore in automation of logistics & provide employment to over 800 people
✅ Nicomac Taikisha Cleanrooms is setting up its manufacturing facility investing ₹126 Crore pic.twitter.com/rv4pUWsYCG
— KTR (@KTRTRS) December 13, 2022
KTR and Telangana state have been aggressive about attracting new investments from Multi-National and International companies into the state. At Davos, KTR signed major companies for multi-crore deal and now, these new deals make sure that Telangana state is on the right path of development. Good Going, Telangana!
AP government employees on the other hand, continue agitation. Read here.
