Vastavam web: Minister for industries, IT and commercial taxes Mekapati Gowtham Reddy promised to bring new industrial policy and action plans soon to attract investment into both industrial and IT sectors. He entered his chamber at the Secretariat at fourth black after performing puja on Wednesday.
Speaking on the occasion, Gowtham Reddy said companies will be encouraged to set up units in rural areas. Stating that the state government would roll out the red carpet for investors, he said by encouraging IT sector, the government wants to generate employment on a large scale for the youth.
The minister said companies which would be encouraged to set up industries in villages must ensure more than 75 per cent of work force consists of local people. He said the government would chalk out an action plan within next three months incorporating all these proposals.