The new industrial policy introduced by Chief Minister of Telangana, K. Chandrasekhara Rao is getting acclaims across the world. KCR has received first appreciation from the America for promoting industry sector in Telangana.
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 too 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 they 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 initiatives will be taken soon, KTR said while participating in CII summit in the city