Tuesday, September 30, 2025
spot_img

Telangana Govt to create 3 lakh jobs in electronics manufacturing: KTR

spot_img
- Advertisement -

Telangana Govt to create 3 lakh jobs in electronics manufacturing: KTR

Hyderabad: Telangana state government has said it has a fixed target to deliver three lakh jobs in the electronic manufacturing sector over the next four years. State IT, Minister of Industry, KTR, made this revelation while answering questions raised by MLAs about the incentives given to the electronics manufacturing sector during Question Time during the current budget session of the Assembly.

The minister said at the event that more than 250 companies from the electronics manufacturing sector provide jobs to 1.6 million people in the state. He said the state government made electronics manufacturing and research and development as the most important sector. He said the state has also put in place a special electronic policy to meet the specific requirements of the industry.

KTR also said that the state government has also started with fuel reserve web policy for the development of R&D capabilities and fuel reserve systems from the year 2020 to 2030. He said that the state has two electronic bunches spread over 912 hectares of land outside the ORR -project. He said they had devised plans to lure Rs. 75,000 investments worth for the next four years in the state.

He also said that they have put together a task force for the development of the electronic manufacturing sector. He said it would provide jobs to local youth in all electronic vehicle manufacturing businesses. According to KTR, the state received Rs. 23,000 crore investments over the past six years. He said the state had only 50,000 jobs in the sector before the foundation and added that the jobs rose 1 lakh after the foundation. He said the state government would give incentives to the sector.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Ugro Capital appoints Rajni Khurana as Chief People Officer

The fintech platform, Ugro Capital has re-appointed Rajni Khurana as...

ESP-95 Higher Pension: EPFO sets a deadline for validation of joint declaration

One of the World's largest Social Security Organisations, The...

TCS Walk-in Drive on January 11, 2025, Register Here

India's largest IT services provider company, Tata Consultancy Services...

PwC India elevates Asha Ramanathan as new COO

PwC India announced that Asha Ramanathan as its new...

Employment Improves, 15.41 lakh net EPF subscribers added in Sept 2021

LFPR (Labour Force Participation Rate), WPR (Worker Population Ratio),...

HAL is hiring 150 Trainees, the last date to apply is January 19

Hindustan Aeronautics Limited (HAL), an Indian state-owned aerospace and...

Refyne appoints Megha Sharma as VP- People and Culture

Pioneer of income streaming for the workforce of India,...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/