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Telangana Government Plans Industrial Parks for Chinese Firms

TS government is decided to build the industrial parks for Chinese organizations. The park will have various facilities for attracting the investors and customers; the government is also ready to work with Hunan Province.

The government of Telangana is planning to establish industrial parks for Chinese small and medium organizations, and that will be started with one near Hyderabad in a teamwork with Hunan Province of China.

Arvind Kumar who is the Secretary of the Industrial and Commerce Department said that the park will have common facilities for testing and researching purposes, Chinese restaurants, and residential accommodation and so on. The main goal of it is to create a mini-China, giving a feel like a home to the investors, providing the availability of anything in the country.

Due to this reason, the State government is planning to start it where the Telangana State Industrial Infrastructure Corporation will offer the land and there the Chinese partner will develop the infrastructure.

“An agreement will be provided a boost to the efforts for developing the industrial parks and we will work with Hunan province in next two months and come with specific action plan on this Industrial Park” Added Mr. Kumar.