Telangana will come up with policies for six industrial sectors

As announced on Tuesday, the Telangana government will formulate six new industrial development policies, including one for the MSME sector and one for exports.

The new life sciences policy, revised electric vehicle policy, medical tourism policy and green energy policy will also be presented.

This was decided at a review meeting held by Chief Minister A. Revanth Reddy with officials of the Telangana State Industrial Infrastructure Corporation (TSIIC). He suggested that policies should be formulated to compete with other countries in industrial development. He also presented proposals for a new industrial policy to be adopted by the state government.

He asked them to study the best industrial policies in other countries. Officials informed the Prime Minister about decisions taken at previous review meetings and about the progress of work. Reddy also advised officials to formulate a new policy to benefit powerloom and handloom workers to promote the textile industry in the state. He directed officials to finalize the industrial policy before the model code of conduct expires.