Sintex, a part of Welspun Group, is investing Rs. 350 crore in Telangana, which will create 1000 jobs. The State IT and Industries Minister KT Rama Rao and Welspun Group Chairman BK Goenka will lay the foundation stone for the Sintex manufacturing plant on September 28 in Rangareddy District. This plant will manufacture tanks, pipes, auto components, and ancillaries.
KTR, the State IT and Industries Minister, welcomed the company’s decision to expand in Telangana and assured complete support to existing companies looking to expand in the state. The Welspun Group Chairman, BK Goenka, expressed that they have been running operations successfully in the state and were encouraged by the investment-friendly policies of the Telangana Government to expand further.