Schedule a Call Back
Welspun's Sintex invests Rs 350 cr in Telangana, creating 1,000 jobs
Industry News- Oct 04,23
The foundation stone for the new plant, situated in Chandanvelly, Rangareddy district, was laid by Telangana Industries Minister KT Rama Rao and Welspun Group Chairman BK Goenka on September 28.
Sintex, a subsidiary of the Welspun Group, has announced plans to establish a manufacturing facility in Telangana, investing Rs 350 crore and generating 1,000 job opportunities.
The foundation stone for the new plant, situated in Chandanvelly, Rangareddy district, was laid by Telangana Industries Minister KT Rama Rao and Welspun Group Chairman BK Goenka on September 28. The facility will specialise in the production of tanks, pipes, auto components, and related accessories, as per an official statement.
Rama Rao expressed confidence in Telangana's 'progressive' policies and 'world-class' infrastructure, which have motivated companies like Sintex to establish their ventures in the state. He reiterated the government's commitment to offering comprehensive support to existing companies seeking to expand their presence within Telangana.
Welspun Group Chairman BK Goenka praised the state's investment-friendly policies, stating that their successful operations in Telangana had encouraged them to further expand their footprint in the region.
Source: Business Line
Welspun
Sintex
Telangana
Manufacturing Unit
Investment
1
000 Jobs
Rangareddy District
Infrastructure
Investment-Friendly Policies
Related Stories
Electrical & Electronics
India to become leading solar PV exporter to US: Report
The report underscores that the Inflation Reduction Act (IRA) has provided a solid framework for renewable energy investments, particularly in solar energy, which has grown to 178 GW in 2023 from 15..
Read moreAuto & Auto Components
Telangana’s T-Hub partners with Japanese auto manufacturer Denso
With major players like Mahindra & Mahindra, Bharat Forge, Exide, and Amara Raja Batteries setting up advanced manufacturing facilities, the state is transforming into a hub for both traditional aut..
Read moreElectrical & Electronics
Apple shifts iPhone 17 manufacturing to India; Reduce reliance on China
While this change currently applies only to the standard iPhone 17 model, the premium iPhone 17 Pro, Pro Max, and rumored iPhone 17 Slim will continue their NPI processes in China.
Read moreRelated Products
Heavy Industrial Ovens
INDUSTRIAL SUPPLIES
Hansa Enterprises offers a wide range of heavy industrial ovens.
High Quality Industrial Ovens
INDUSTRIAL SUPPLIES
Hansa Enterprises offers a wide range of high quality industrial ovens. Read more
Hydro Extractor
INDUSTRIAL SUPPLIES
Guruson International offers a wide range of cone hydro extractor. Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
