Telangana okays investment proposals worth Rs 2k cr

Telangana government today gave permission to 18 companies to make investments worth Rs 2,167.47 crore in the state.

The investments will create employment opportunities for 13,817 people, an official release said.

The permission was given to investors by Industries Minister Jupally Krishna Rao under the 'Telangana State Industrial Project Approval and Self Certification System' (TS-iPASS).

As per policy, the permissions were accorded within 15 days of putting up an application.

So far, investments of Rs 33,101 crore have been made through TS-iPASS that would provide job opportunities to 1,20,169 people, the release added.