indiaUpdated: Aug 24, 2020 23:43 ISTDespite the Telangana government struggling to tackle the growing intensity of Covid-19, the state continues to attract huge investments in various industrial, infrastructure and information technology sectors amid the health crisis. State industry department’s official figures indicate that in the last month alone, projects worth around Rs 4,500 crore were grounded in Telangana, particularly in and around Hyderabad. “It is going to be the largest global R&D centre outside of the United States for Medtronic generating over 1000 jobs,” state industries minister K T Rama Rao said. Production capacity is planned for 500 coaches (of various types) and 50 locomotives per year,” the industries minister said. The industries minister said post-Covid-19, there is immense opportunity for the state to attract investments from other parts of the world, and the infrastructure development and construction sector would play a major role in it.

Source: Hindustan Times August 24, 2020 18:13 UTC