- Many companies are looking at Hyderabad to set up their electronics facility
- Jayesh Ranjan also asked American auto products company to consider manufacturing in India
According to a report by Telengana Today, Jayesh Ranjan, principal secretary, Telangana Industries and IT department said that Hyderabad is turning into an electronics cluster. The report also said that Ranjan further added that many companies are looking at Hyderabad to set up their electronics facility.
As per the report, Ranjan said that Hyderabad has established itself as an electronics hub with companies from defence, auto and medical looking to set up their electronics facility there. He added that government’s project T-Works will also start functioning in the next three to four months.
American auto products company to consider manufacturing in India
The report also said that Ranjan also suggested to the American auto products company to consider manufacturing in India. He also mentioned that Telangana has the best ease of doing business and many US companies are looking to expand their presence in the State.