Gitanjali Jewellers, the country's biggest group in diamond cutting and jewellery trade has offered to develop a jewellery park in a 200 acre area at Shamashabad near Hyderabad. |
Mehul Chokshi, chairman of the Gitanjali group told Andhra Pradesh chief minister Y S Rajasekhara Reddy in Mumbai on Friday that his company would act as a facilitator in developing the park and also ensuring the establishment of a good number of jewellery manufacturing units. |
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In his first ever visit to Mumbai as chief minister to meet the heads of major industrial houses, Rajasekhara Reddy apparently evoked enough enthusiasm among the industrialists on the future prospects for investments in Andhra Pradesh. |
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During his interaction with Mehul Chokshi and other prominent industrialists, the Andhra chief minister assured them that the state government would extend all help needed in their endeavour to setup new industrial units in the state. |
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In another significant development, Ashok Hinduja, Chairman of Hinduja Group who met the chief minister in Mumbai has sought the state government's intervention in reviving their proposed 1,000 mw power project which was to be set up near Visakhapatnam. |
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The chief minister is understood to have, however, advised the Hinduja's to take up a mega project in the automobile sector which would facilitate the promotion of automobile manufacturing activity. |
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According to a press release from the chief minister's office, prominent among the other industry people who met the chief minister included V N Dhoot, chairman of Videocon Appliances, GL Raheja, chairman of the Raheja Construction Group, Ajay Piramal, chairman, Nicholas Piramal India, who is a bulks drug manufacturing company. |
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The major industries minister Botsa Satyanarayana, Advisor to state government KVP Ramachandra Rao and senior officials of the industry department were also present at the interactive meetings. |
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