TG committed to creating environment for industrial growth: Sridhar Babu
Telangana Industries Minister D. Sridhar Babu announced the state's commitment to expanding its industrial footprint into the plastics and polymer sector. The government aims to partner with industry associations to foster growth, citing the sector's significant contribution to employment and the economy.
Why it matters
Highlights regional economic development strategies and the government's role in attracting investment to specific manufacturing sectors.
Industries and IT Minister D. Sridhar Babu said on Friday that Telangana can replicate the success it achieved in Information Technology, electronics, defence and aerospace, pharmaceuticals, Life Sciences and Global Capability Centres (GCCs), in the polymer sector as well.
Calling upon stakeholders in the industry to join hands with the government in making Telangana a leading hub for plastics and polymer manufacturing, he said, “Our doors are always open for constructive dialogue. We are committed to creating an environment where industry can grow with confidence.”
Mr. Sridhar Babu, who was speaking after inaugurating the plastics expo, HIPLEX 2026, said the plastics and polymer industry is one of the silent engines of India’s economy. It provides direct employment to nearly 50 lakh people and indirect employment to more than one crore people across the country. In Telangana alone, nearly two lakh families are dependent for their livelihood on this ecosystem.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in