Rajesh Exports to Invest Rs 24,000 cr in Telangana: KTR

Rajesh Exports to Invest Rs 24,000 cr in Telangana: KTR

Hyderabad, June 12 (Hydnow): IT Minister KT Rama Rao informed that Rajesh Exports expressed its readyness to set up its unit in Telangana by investing Rs. 24,000 crores.

The Minister on Sunday tweeted, “Historic day for Telangana. Rajesh Exports (Elest), a Fortune-500 company, to setup India’s first Display FAB to manufacture the most advanced AMOLED displays, with an investment of Rs 24,000 Cr, making it one of the largest investments in high-tech manufacturing sector in India.”

The Minister further tweeted, “Telangana puts India on the world map of advanced high-tech manufacturing. What was hitherto possible only in Japan, Korea & Taiwan, will now happen in Telangana. To create large scale ecosystem of partners & ancillaries, supplying to world class TV, smartphone & tablet makers.” (Hydnow)

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