Telangana IT Minister KTR inaugurates Wipro in the presence of Azim Premji; Aims to attract Rs 2.2 Cr investment
Telangana IT Minister KTR inaugurates Wipro in the presence of Azim Premji; Aims to attract Rs 2.2 Cr InvestmentsTelangana IT Minister KT Rama Rao launched Wipro Consumer Care & Lighting in Maheshwaram, Hyderabad in the presence of company chairmen Azim Premji and said they could attract investments worth Rs 2,20,000 crore through the innovative initiative of the government TS I pass.
Wipro Consumer Care began construction of the facility in 2018 with the acquisition of 30 acres of land in Maheshwaram. The company has invested Rs. 300 crores in the facility and is expected to provide 900 employment opportunities.
In the current factory, the company produces Santoor soaps and Softouch fabric softeners. It will add manufacturing capacity to produce Yardley talcum powder, Santoor hand soap and Giffy dish cleaner. It has invested in a state-of-the-art soap finishing line that operates at the highest speed of 700 Nos of soap per minute. Additionally, the company has four other soap finishing lines.
The company has invested in a state-of-the-art effluent treatment plant to ensure zero liquid discharge and upstream soap integration processes by setting up a plant for distilling fatty acids and glycerin and manufacturing soap noodles.
Speaking on the occasion, KTR said the state government is taking all measures for smooth commerce through TS iPass.
He said they give clearance to industries within 15 days through TS iPass policy and also provide subsidies and infrastructure for new industries.
KTR said, “It’s a good thing to have someone like Azim Premji with us. His life is a good lesson for all of us. He is a very simple man. Especially about humility, charity, and at the same time, building world-class institutions”
Rao appreciated the service activities carried out by the Azim Premji Foundation during corona and he asked Premji to establish a private university in Telangana with the LED industry.
Azim Premji thanked KTR and appreciated Telangana government’s initiatives to attract investment.
He said: “The state government is encouraging investors. We plan to continue investing in Telangana because the state government is very progressive, very committed and also very proactive. We want to create jobs with investments.
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