TS CM KCR Hints at Huge Defence Investment

kcrTelangana Chief Minister K Chandrasekhar Rao said that the Telangana state government is all set to come out with a new industrial policy during the ongoing Legislative assembly session.He was addressing the inaugural session of ‘Defence & Aerosupply India 2014’,a three-day industry conclave.He said he is looking forward to provide tax reliefs to budding entrepreneurs of the state.

with regard to some concessions in the area of income tax and other central taxes for investors in the state,the Telangana government is awaiting the central government’s decision.

Israel-based Brightstar Group Chairman David Artzi said that in the defence and aerospace area Telangana had magnificent industry ecosystem and it must focus on promoting it by holding such international conferences.

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