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The Wipro Consumer Care products division will invest Rs 220 crore to set up a manufacturing facility at Maheshwaram in Rangareddy district. Coming up on 40 acres, the facility will manufacture toilet soaps and other personal care products. It is likely to provide 300 direct jobs and about 200 indirect jobs.
The decision was announced after Telangana Minister for IT and Industries K. T. Rama Rao met Rishad Premji, a Director of Wipro Enterprises, in Hyderabad on the sidelines of the Nasscom India Leadership Forum.
While thanking the Wipro management for preferring Telangana over competing states, Rama Rao suggested that there were many other business opportunities that the conglomerate can explore in the state. Wipro has a huge facility, employing thousands in Cyberabad and was among the first Indian IT biggies to invest in Hyderabad.
“Wipro has a good presence in the state and its new manufacturing unit will boost the progress of the industrial sector in Telangana." He urged them to participate in Warangal, which is being promoted for IT companies and Cyient has agreed to invest there, the Minister said.
Through TS-iPASS, the industrial policy, the Telangana government has given approval for many mega projects and is aggressively promoting the state as a favoured destination for investors, he added.
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