Business is business says KTR

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Galla Jay Dev is the TDP man and his mother Galla Aruna was with the Congress. Taking this into account AP Government led by Jagan Mohan Reddy has not given permission to the company in the name of pollution and has lost a business opportunity with an investment of around 10000 crores.

This company would have generated direct and indirect employment to the state of AP. But Jagan lost the opportunity. Now the Gallas related to Hero Mahesh Babu are setting up the industry in the state of Telangana at Mahabubnagar.

K T Rama Rao, Minister for Industries & Commerce, said, “Telangana has been a frontrunner in adopting sustainability, and it is a proud moment for the state to welcome the country’s largest ever investment in the lithium-ion cell manufacturing sector.

Our aim is to become the most electrified state in India, and having a Gigafactory in Telangana further strengthens our aspiration to become an EV manufacturing hub and spearhead the EV revolution in India.”

Jayadev Galla, Chairman & MD, Amara Raja Batteries said, “This strategic partnership with the government of Telangana is a giant leap for Amara Raja and will bring in the impetus for innovations in sustainable technologies for the whole region, in addition to generating employment opportunities.

We have had a long association with the state and are excited to finally have the opportunity to establish an industrial base here. This proves that Jagan did the wrong thing and lost a big business opportunity for political reasons.

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