Birlas To Invest In Healthcare, Education & Expand In Cement

The  $ 1.6 billion Birla Group is likely to invest in cement, healthcare and education sectors in the Telangana State in addition to expanding the operations of its cement and asbestos manufacturing units located in the state.

The group’s chairman, C K Birla, and Orient Cement Limited managing director, Deepak Khetrapal, met Telangana chief minister, K Chandrasekhar Rao, here on Saturday and sought his government’s support in this regard.

The chief minister responded favourably to their proposals and informed them that the state government would soon come out with an industry friendly policy.

The Chief Minister also briefed him on the proposed new industrial policy which would provide a single window facility for the investors with a fast track approval system. An industrial park would be set up on the lines of those in China and about 2.5 lakh acres of land would be earmarked for industrial development in the State, he added.

CK Group has two industrial units in Telangana. While an unit of Orient Cement is located at Devapur in Adilabad district, its asbestos cement products producer, HIL Limited, is based in Hyderabad. It had also set up a planetarium and temple in the state capital.