The unique and new industrial policy announced by Chief Minister K Chandrasekhar Rao is bringing laurels to telangana as the policy received international recognition. The American government was the first one to appreciate telangana for promoting industry sector in the state.
State Industry and IT minister KT Rama Rao said that America adopted the same initiatives taken by KCR government in the new industrial policy. For instance, according permission to set up industry in two weeks time attracted more to many nations.
The US industry also appreciated KCR for introducing cost of doing business and quality of doing business in telangana.
So far, 2300 industries have got single window clearances and 50 percent them already started production. After Gujarat, Telanagana occupied second position in ease of doing business in the country.
Establishment of industrial health clinics, special fund for the revival of sick industries were among other inititives will be taken soon, KTR said while participating in CII summit in the city.
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