Energy Minister Jagadish Reddy claimed that over 40,000 new jobs were created due to the establishment of new industries in Telangana State during the last four years.
He was speaking after inaugurating Suryapet District Employment Office and a Mega Job Mela in Suryapet on Monday. He said that the State Government, under the new Investment Policy, has approved nearly 3,500 industries. Of them, about 500 have already began their productions thus creating thousands of new jobs.
The minister also claimed that the State Government was giving approval for new industries within 15 days. As a result, he said investors were queuing up to establish their units in Telangana State.