As part of the expansion of its activities, the Welspun group which manufactures Sintex water tanks has plans to set up its unit in Telangana. Accordingly the Minister for Industries KT Rama Rao Welspun World Chairman BK Goenka recently laid the foundation stone for establishing the unit at a cost of Rs 350 crore. The unit when it goes on stream will provide jobs to at least 1000 persons. Its product range includes water tanks, PVC pipes and other ancillary products.
Minister KT Rama Rao expressed happiness over the initiative of the Welspun group to set up a unit in Telangana. He maintained that several units have been setting up their units in Telangana expanding their commercial operations because of the best ever industrial policy being implemented in the state and due to provision of the wonderful infrastructural amenities. The Welspun World Chairman BK Goenka has noted that the group is successfully conducting its operations in Telangana for the past several years.