Major investment activity has begun as Telangana signed MoUs worth Rs 1,04,350 crore on the second day of the Telangana Rising Global Summit. Several top Indian companies committed to large projects aimed at boosting manufacturing, jobs, and infrastructure across the state.
Godrej will expand its dairy operations with an investment of Rs 150 crore on 40 acres. The facility plans to produce five lakh litres of milk daily and create 300 local jobs, strengthening Telangana’s agri and food processing sector.
Mukesh Ambani’s Reliance Consumer Products Limited will set up a multi product FMCG unit with an investment of Rs 1,500 crore. The 100 acre facility is expected to generate 1,000 jobs and expand consumer goods manufacturing presence in Telangana.
Hetero will invest Rs 1,800 crore in a pharmaceutical facility spread over 100 acres. The project is expected to generate 9,000 direct and indirect jobs, making it one of the biggest employment generating investments announced at the summit.
Investments were also announced by Bharat Biotech, Aurobindo Pharma, Biological E Limited, AGP Group, and Vintage Coffee and Beverages Ltd. AGP Group plans a 1GW data centre campus with Rs 6,750 crore while Vintage Coffee will invest Rs 1,100 crore and create 1,100 jobs.
All agreements are MoUs and not final project launches. Actual execution over the coming months will determine how many proposals convert into operational plants and offices across Telangana.
