On the heels of Adani and CocaCola, Indian pharma major Piramal group and Chinese Auto major Dongfang have expressed interest in business opportunities in Telangana. While Piramal group’s head Ajay Piramal chose to write a letter to Telangana CM KCR and congratulate him on the new policy initiatives, representatives of Dongfang have come all the way from China and met the CM.
Dongfang is one of the biggest power generators producing corporations of China. It is a State owned company that has a significant presence in establishing power stations too. Dongfang is listed in the Shanghai and Singapore markets. It operates from Chengdu province of Sichuan State. They have reportedly shown interest in setting up an electricity manufacturing station with the capacity of 650 MW to 1000 MW.
CM KCR too has apparently welcomed their initiative and assured all support to their venture. KCR has also been told to have expressed interest in visiting their main production center in Chengdu.