Telangana secures two major investments from Japanese firms
2 years, 1 month ago

Telangana secures two major investments from Japanese firms

Deccan Chronicle  

Hyderabad: Two Japanese manufacturing companies, Daifuku Company Ltd and Nicomac Taikisha Cleanrooms Private Ltd, on Tuesday announced a total investment of Rs 576 crore in Telangana. Daifuku is said to be the world's leading provider of automated material handling technology and solutions, and would set up a manufacturing facility in the state with an investment of Rs 450 crore and provide employment to over 800 people. Nicomac Taikisha Cleanrooms, said to be a pioneer in the construction of cleanrooms and HVAC systems for electronic devices, lithium-ion battery manufacturing and hydroponic farming in the food industry, announced plans to invest Rs 126 crore in establishing a manufacturing facility. Following the signing of the MoUs, Rama Rao stated that the world was looking for alternative manufacturing locations outside of China and urged state industrialists to "think big and make world class products" and focus more on the manufacturing sector.

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Jockey to invest Rs 290 crore in Telangana
2 years, 1 month ago

Jockey to invest Rs 290 crore in Telangana

Deccan Chronicle  

HYDERABAD: In yet another significant investment in the textile and garment manufacturing sector in Telangana, Page Industries, makers of the Jockey brand of innerwear, has decided to set up garment manufacturing factories in Ibrahimpatnam and Mulugu with an investment of Rs 290 crore to manufacture one crore garments and create 7,000 jobs. Page Industries will build and develop a second …

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