Telangana Minister for Industries K T Rama Rao (KTR) on Thursday assured JSW steel Chairman and Managing Director Mr Sajjan Jindal of complete cooperation if JSW Steel decides to establish a steel factory in Bayyaram in the state.
KTR, who met with top business and industry leaders in Mumbai, met Mr Jindal and explained to him Telangana Government’s industry-friendly policies, economic progress achieved by the State which makes it a conducive destination for investments, the avenues to expand their operations, among other things.
During his meeting Mr Jindal, the Minister said that the central government and Steel Authority of India Limited (SAIL) came forward to establish a steel plant in Bayyaram as there are ample reserves of iron ore in Bayyaram and adjacent Chhattisgarh, the area is ideal for setting up steel plant.
Stating that he was aware of the policies implemented in the State, Mr Jindal praised Chief Minister K. Chandrashekar Rao’s leadership for the progress achieved and investments attracted in the past few years.