TS eyes more French investments
The Hindu
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Industries and IT Minister K.T. Rama Rao on Friday said that the State, whose able leadership, progressive policies and efficient bureaucracy has helped attract over $ 30 billion investment in seven years since its inception, is keen on playing host to more French investments.
Home to several French investments and facilities across varied sectors, the State would like to grow the engagement. In doing so, it would like to emerge as a gateway for mid-sized, small French companies into India, the Minister said, addressing the Indo-French Investment Conclave organised here by the Indo-French Chamber of Commerce & Industry (IFCCI).
“What I am looking to do is provide entry point into India, gateway for the mid-sized, small French companies. You are the guys who are going to grow big, going to be the next Safran, Airbus and I would like to be part of that growth story,” he said, while highlighting policy initiatives of Telangana, especially the TS-iPASS, that allowed for self certification and extended time bound approvals.
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