Telangana IT Minister KTR inaugurated Wipro Company in the presence of Azim Premji; Target to attract investment of Rs 2,20,000 crore

Telangana IT Minister KT Rama Rao launched Wipro Consumer Care and Lighting in Maheshwaram, Hyderabad in the presence of company’s Chairman Azim Premji and said they are attracting an investment of Rs 2,20,000 crore through the government’s innovative initiative TS iPass. can do.

Wipro Consumer Care began construction of the facility in 2018 with the acquisition of 30 acres of land in Maheshwaram. The company has invested Rs. The facility is expected to provide 300 crore and 900 employment opportunities.

In the existing facility, the company manufactures Santoor soap and Softtouch fabric conditioner. This will add manufacturing capacity to produce Yardley Talcum Powder, Santoor Hand Wash and Giffy Dish Wash. It has invested in a state-of-the-art soap finishing line that operates at a top speed of 700 soaps per minute. In addition, the company has four more soap finishing lines.

The company has invested in an advanced effluent treatment plant to ensure zero liquid discharge and backward integration processes for soap through the establishment of a fatty acid and glycerin distillation and soap noodle making plant.

Speaking on the occasion, KTR said that the state government is taking all measures for smooth trade through TS iPass.

He said that they are giving permission to industries within 15 days through TS iPass policy and also providing subsidy, and infrastructure for new industries.

KTR said, ‘It is great to have a person like Azim Premji among us. His life is a good lesson for all of us. He is a very simple man. especially on humility, charity as well as building world class institutions”

Rao appreciated the service activities done by Azim Premji Foundation during Corona and asked Premji to set up a private university in Telangana with LED industry.

Azim Premji thanked KTR and appreciated the initiative of the Telangana government to attract investments.

“The state government is encouraging investors. We plan to continue investing in Telangana as the state government is very progressive, very committed and equally very active. We want to create jobs with investment.”

read all breaking news , today’s fresh news And IPL 2022 Live Updates Here.