KTR Assures 3 Lakh Jobs In Electronic Manufacturing In Telangana

The Telangana Rashtra Samithi (TRS) Government assured 3 lakh jobs in electronic manufacturing in Telangana.

On the 20th of March, the Telangana Information Technology Minister K.T. Rama Rao said, the State Government would provide job opportunities to three lakh people in the electronic sector in the next four years.

Mr. Rao said addressed the Telangana Budget Assembly and said  “Over 250 electronic companies in the state are providing employment to 60,000 people. Telangana state has considered manufacturing of electronics and research and development as the most prominent sectors. As a part of policy formulation, the state has launched a special electronic policy to address the specific needs of industry,”

The Telangana Government is aiming to make the State a hub for electric vehicles and energy storage systems, the Government launched Telangana electric vehicle and energy storage policy 2020-2030. He continued that as a part of cluster development, two electronic clusters manufacturing unit has been set up in 912 acres near the Outer Ring Road (ORR). Rama Rao said that the government would chalk out a plan to attract Rs. 75,000 investments in the next four years.  He also said that a task force has been set up for the development of electronics manufacturing.

Mr. Rao said, “In the last six years, 23,000 crore investments have been brought to the state by the government and there were only 50,000 jobs were available in the sector before the formation of Telangana.”

Meanwhile, the Telangana Budget Assembly which started on the 15th of March is scheduled till the 26th of March.

Stay tuned for further updates.

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