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No bright future for Telangana demand: Andhra CM

Written by: Staff

Bangalore, Apr 3: Andhra Pradesh Chief Minister Dr Y S Rajashekhara Reddy today opined that he saw no bright future for the demand for separate Telangana State and maintained that his Government focused more on speedy development of the region than carving out a new State.

Participating in a meeting of the heads of IT and Semiconductor industries here, organised by APInvest, the nodal agency of the Andhra Pradesh Government to promote investments in the State, he said personally he was against the formation of a separate Telangana State. The State Government had put Telangana on the fast growing track in terms of taking up developmental activities. ''The kind of development being taken up in the area will address for itself the demand for separate Telangana,'' he hoped.

Dr Reddy said the issue was under the consideration of Congress President Sonia Gandhi and added that ''whether Telangana State materialises or not, the future of Andhra Pradesh's growth will not hamper.'' Welcoming the entrepreneurs to invest in his State, he promised to offer them all kinds of facilities at an affordable cost. His Government not only laid emphasis on software industries, but also on setting up hardware industries.

''In a couple of years, the growth of hardware and semiconductor sectors in Andhra Pradesh will catch up with that of China as we are providing better opportunities than any other State in the country,'' he said, adding that the growth of IT and ITeS sectors in his State during the last couple of years was over 60 per cent.

He said Andhra Pradesh was also developing tier-II cities and towns in the State, besides Hyderabad. The State Government had launched a unique training programme for students of engineering and polytechnique courses so that they could join the sunrise industries immediately after finishing their courses.

Earlier speaking on the occasion, APInvest CEO Dr C S Rao said Andhra Pradesh was put on fast track in terms of providing infrastructure and other logistic facilities to attract IT, BT and Semiconductor industries. The State, with 7.55 per cent growth rate, was expected to register an impressive export of over 15 billion US Dollars by 2009, which also opened up domestic marketing opportunities in a great way. The potential of the semiconductor industry would be around 200 billion Dollar in the next ten years, which would contribute to over 12 per cent of the GDP.

Representatives from IT and BT majors from the city, including Infosys, MphasiS, Wipro and GE Healthcare participated in the meet.


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