Movement of industries begin from TS to AP!

The Power Crisis ridden Telangana state is all set to suffer a severe jolt as several industries in the state are planning to relocate to the other Telugu state given the industry friendly norms of Chandrababu as well as the all important 24X7 Power promise.

According to a strong source in Industrial Area Local Authority, about 30 to 40 per cent industrialists of Hyderabad were toying the idea of shifting the shop to AP and are inquiring the industrialists of Andhra origin regarding the feasibility of such a move.

It is said that automobile sector, foundries and structural equipment industries are seem to be very much interested in coming to the truncated state provided the state allocate lands in the upland areas and some tax feasibility provided the state is going to get the Special Status according to the Andhra Pradesh Reorganization Act. There are about 40-80 such shifting inquiries to Industrial Area Local Authority since Chandrababu Naidu has announced his industrial policy.