Apart from Gujarat and Maharashtra, Telangana is the only state attracting new industries. The TS I pass, and its other Industrial policies are slowly and steadily attracting investors and manufacturers to the state. Thanks to the full Combo consisting of a blue-eyed bureaucrat of Telangana Jayesh Ranjan and the de facto, if not next-to be CM KTR.
With only 15% income tax for a new manufacturing company, declared in September 2019 by Central Government, Telangana state is going to reap the benefits on par with Guj-Maha states.
Already last week one Chinese company came forward to start a new unit in the outskirts of Hyderabad with an outlay of Rs.1500 crore. One IT hub has been approved by Central Government, between Shamshabad and Shabad route. Now some IT units have expressed interest to start the second unit there.
Aoushada Nagari and Pharma City are also coming up to locate pharma companies outside Hyderabad. The Hyderabad – Srisailam route is going to a lifeline for the pharma industry just like Ankleshwar in Gujarat. By another one year down the line, we can see yet another big Pharma City emerged after Mumbai. This may be the reason for the real estate boom on the Srisailam route.
It’s not just the city alone, similar such industrial clusters have come up elsewhere in Warangal, the next emerging city after Hyderabad like Shoppers Stop manufacturing unit at Sircilla in Karimnagar, IT cluster at Warangal and several other units lined up for taking final shape.
The struggle in AP over the Capital shifting, political agitations, farmers agitations has come as a blessing in disguise for Telangana state. Political parties in Telangana though they quarrel but unite when it comes to development which is contrary to Andhra Pradesh wherein both ruling and the main opposition are playing havoc with 4 crores Andhra people’s aspirations of having a permanent capital of their own.
When TDP was in opposition from 2004 to 2009, no other company except KIA Motors has come to AP with a broad offer of paying around Rs.400 crore to 500 crores every year by the AP government, un till it gets entire project cost. No government has given such largesse to any Industrial units including SEZ also. And Telangana was far from this kind of weird offers. However, TDP opposed the Wanpick port in Chirala and opposed land acquisition. Similarly, it has opposed acquiring 450 acre land for setting up 1320 MW East Coast Energy thermal power plant at Kakarapalli in Srikakulam district. The issue also resulted in police firing killing 2 persons. As a result, Rs.2000 crore investment went down the drain.
So Telangana wants to get the maximum benefit out of the situation prevailed in AP which it wants to exploit to its best advantage using its’ Hyderabad brand image. The good political atmosphere, uninterrupted power supply, huge human resource in all fields, infrastructure facilities and people living in harmony like mini India are some of the reasons for its growth. Above all the combination of senior IAS officer Jayesh Ranjan and the young dynamic politician and next in command after KCR, KT Rama Rao has come boon for the newly formed Telangana state.
The duo is able to divert or convert every opportunity coming in their way to the best advantage of the state. All the best for Jayesh Ranjan and KTR combo.