Telugu Politics

Japanese firm to invest Rs 1,000 cr in Andhra

Toray Industries Inc, a Japanese multinational corporation, will invest Rs 1,000 crore for the of technical textiles in .

Chief Minister N. on Thursday approved the project, which will come up in , a special economic zone in .

The plant will be the largest among in Sri City.

The project, the foundation stone for which will be laid next year, will provide direct employment to more than 100 people and indirect employment to 300-400 people.

Source – IANS Agency