: Centre ignoring Telangana, arm-twisting companies to choose locations like Bundelkhand: KTR #IndiaNEWS #Hyderabad Hyderabad: Aerospace and defence companies wanting to implement a China plus one business

Centre ignoring Telangana, arm-twisting companies to choose locations like Bundelkhand: KTR #IndiaNEWS #Hyderabad
Hyderabad: Aerospace and defence companies wanting to implement a China plus one business model or exit China to set up operations in India are being armtwisted by the Centre to choose Bundelkhand region for their operations, Industries and IT Minister KT Rama Rao alleged here on Wednesday.
Such an attitude by the Centre has resulted in Telangana losing a prospective investment here. “A large aerospace and defence company wanted to exit China and set up operations in India. But the union Government was armtwisting it to set shop in Bundelkhand. The company did not want to go there, but was preferring Hyderabad. If a company or investor does not get proper response, it would look for other countries,�? he cautioned.
Rama Rao also recollected another instance in which the Defence Industrial Production Corridor was decided in favour of Bundelkhand. “We requested that this corridor be set up between Hyderabad and Bengaluru as both cities have defence public sector undertakings and aerospace and defence ecosystems in place. This would have allowed the industrial cluster to hit the ground running. However, the Defence Minister said the decision for the location was already made,�? he told the CII Telangana State Leadership Summit here on Wednesday.
Maintaining that he wanted Uttar Pradesh to grow, he wondered whether UP was capable of attrracting a Lockheed Martin or a Sikorsky or a large aerospace company and give them the confidence of hitting the ground running? If you really want India to prosper and grow, support the States which are doing well and those who have ecosystems in place,�? he asserted.
He said the States could not be preferred based on the number of MP seats it has. “We cannot say UP has 80 MP seats and therefore we will focus on that. Telangana has 17 seats, so we will not do it here, remarked pointing out that Telangana was also part of India. He remarked that Hyderabad was not in competition with Bengaluru, Delhi or any other State but it was competing with Malaysia, Indonesia, Vietnam to attract electronics, textiles players and other industries.
Though India and China had similar size of economies in 1987, China’s GDP now grew to touch lakh crore, about six times more than that of India’s $ 2. 6 lakh crore. China grew because it chose to set up industrial clusters in 50,000 to 70,000 acres. India’s biggest pharma cluster was coming up in 14,000 acres in Hyderabad. Telangana also set up the largest textile park in Warangal in 1,200 acre. “We have been requesting GoI to support us in these projects,�? Rama Rao said.
Though India was keen on pushing Make-in-India, it did not back it up with the right policies.

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