Ruia Group is interested in setting up a plant for manufacturing railway coaches in Telangana, its chairman Pawan Kumar Ruia conveyed to Chief Minister K. Chandrashekhar Rao on Thursday.
The modern and state of the art plant is proposed in collaboration with one of the largest coach manufacturing company of the world based out of Europe.
Ruia also mentioned about their interest to develop a smart city near the financial district in Hyderabad, according to a statement from the chief minister's office.
The chief minister told Ruia and other executive accompanying him that the world's largest Metro project is coming up in Hyderabad and it will be further expanded.
KCR, as the chief minister is popularly known, asked the officers concerned to hold detailed discussions with Ruia officials about their proposal and find out their requirements.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app