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Hyderabad: Telangana Rising Global Summit, a two-day event being held at Bharat Future City on the outskirts of the city, has signed investments worth Rs 1.11 lakh crore on day 2, as per a release by the state government.
Major investments include Godrej Industries Group, which signed an MoU to expand dairy business (5 lakh Ltr per day capacity) in Telangana with investment of Rs. 150 Cr, requiring 40 acres of land and creating 300 direct jobs over 2 years.
Fertis India Pvt. Ltd will invest a total investment of Rs. 2,000 Cr (Rs. 500 Cr in Phase 1 and Rs. 1,500 Cr in Phase 2), requiring 100 acres of land and creating 800+ direct jobs over 2 years.
KJS India has the proposed to expand Telangana operations through large-scale food & beverage manufacturing (Unit-2) in Telangana with investment of Rs. 650 Cr, in 44 acres of land and creating 1,551 direct jobs over 2 years.
Vintage Coffee and Beverages Limited has signed an MoU to expand Telangana operations through the establishing Export oriented Premium Freeze-Dried Coffee (FDC) plant with investment of Rs. 1,100 Cr, in 15 acres of land and creating 1,000 direct jobs over 2 years.
Reliance Consumer Products Limited (RPCL) has proposed multi-product FMCG manufacturing facility for beverages, snacks and confectionery and other consumer products in Telangana with an investment of Rs. 1,500 crores. and creation of 1000 direct employment in 100 acres of land
Kaynes Technology India Limited, JCK Infra Projects Limited, RCT Energy India Pvt Ltd, Aqylon Nexus Limited, AGP Group have also inked MoUs to expand operations and invest thousands of crores.
Purview Group proposes a major strategic investment in Telangana to establish a Global Capability Centre (GCC) and an Al-driven Hyperscale Data Centre Campus. It is expected to generate 3,000 jobs and needs land allocation of 8-10 acres to establish a 50 MW DC in Telangana.
Hetero Group proposed investment stands at Rs 1,800 crore and is requesting 100 acres of land, with the creation of more than 9,000 direct and indirect jobs over the next two years within the state.
Bharat Biotech proposes to invest Rs 1,000 crore with creation of more than 200 direct jobs and indirect jobs over next 3 to 4 years.
Aurobindo Pharma proposes to expand and develop its capabilities in complex generics, injectables, oral solid formulations, biosimilars, and biologics in Telangana.
Proposed investment: Rs 2,000 crore with the creation of more than 3,000 direct and indirect jobs over the next 2-3 years
Granules India proposes to establish advanced facilities for the manufacturing of peptides, along with a Contract Development and Manufacturing Organization (CDMO) for oncology products in Telangana.
Proposed Investment: Rs 1,200 Crores and is requesting 100 acres of land within Green Pharma City. The project is expected to generate more than 2,500-3,000 direct jobs over the next 3-4 years.
Biological E Limited could invest net new amount of Rs 3,500 crore, in addition to its earlier investment of 500 crore, taking the total cumulative investment to INR 4,000 Crores and will create over 3,000 direct jobs, in next 5 years within the state. The company is requesting 150 acres of land in Green Pharma City for the development of this project.