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ITC will invest Rs 8,000 crore in Telangana

For expanding its paper plant capacity and to set up a new hotel, the business conglomerate ITC Limited will be investing Rs 8,000 crore in Telangana, says Y C Deveshwar, the chairman of the company.

Deveshwar, during the launch of Telangana’s new Industrial policy said, “As a commitment from ITC we assure you that we will be investing Rs 8000 crore in the state of Telangana. We will expand our paper plant capacity and set up a new hotel in Hyderabad.”

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