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If T'gana govt doesn't honour commitments, we may go elsewhere: Amara Raja

Business Standard LogoBusiness Standard5h ago

If T'gana govt doesn't honour commitments, we may go elsewhere: Amara Raja - Business Standard

Quick Summary:

Expressing concern over the financial health of the Congress government in Telangana, Jayadev Galla, Chairman of Amara Raja Energy & Mobility on Saturday said if it does not honour the commitments made by the previous BRS regime, then they may have to look elsewhere for its plant's capacity expansion.

Earlier in the day, Amara Raja Group held a groundbreaking ceremony for their Customer Qualification Plant for cell manufacturing and also inaugurated Phase 1 of the battery pack plant of 1.5 GWh in Mahabubnagar district.

Galla's comments came at a time when Chief Minister A Revanth Reddy and his team are touring the US trying to hardsell Telangana as an investment destination.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-10 @ 17:51:33 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 524 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22006518

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