Minister KTRama Rao participated as the Chief Guest in the 4th Injection, Blow Moulding and PET International Summit 2016 held at Mumbai today. A total of about 600 industry leaders from the Plastics, Plastic moulding, Packaging, Chemicals and Petrochemicals sectors from India and abroad participated in the event. Minister also participated in various other meetings and met a few industrialists and invited to the state Telangana to invest in various sectors.
The main theme of hon’ble Minister’s speech was “Creation of a new state and Vision 2020”. He highlighted the inherent strengths of Telangana state in the area of IT & Electronics, Pharma and Life Sciences and Aerospace among others. Minister elaborated the efforts of the state government to transform Telangana as the most investor-friendly state by improving the Ease of Doing Business, launching TSiPASS, providing 24/7 uninterrupted power supply and also preparing a ready to occupy land bank.
Minister informed the audience that the state government is planning to start a Plastic Park in 100 acres in Phase 1 in Sultanpur and another Integrated Plastic City in Phase II in an area of 300-500 acres in Medak NIMZ park.
Minister said that the state presents several inherent advantages to plastic industry in view of emerging demand scenario. The minister also highlighted the incentives and set of common facilities the Plastic Park will have for the investors The presentation made by Minister KTR was hugely appreciated. He was given a standing ovation by the audience.
Minister also met RBI governor Raghuram Rajan and took up issues relating to access of bank funding in MSME sector and issues therein. minister briefed governor about the “Industrial Health Clinic” state plans to set up
