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The $1.6-billion CK Birla Group proposes to expand the operations of its cement and asbestos manufacturing units located in Telangana. It is also planning to make substantial investments in the medical and education sector, in the nascent state which came into existence on June 2, this year.
Group chairman, CK Birla, and Orient Cement Limited managing director, Deepak Khetrapal, met Telangana chief minister, K Chandrasekhar Rao, here on Saturday and sought his government’s support in this regard.
According to an official press release, the chief minister responded favourably to their proposals and informed them that the state government would soon come out with an industry-friendly policy.
The CK Birla Group has two industrial units in Telangana. While a unit of Orient Cement is located at Devapur in Adilabad district, its asbestos cement products producer, HIL Limited, is based in Hyderabad. It had also set up a planetarium and temple in the state capital.
