RP-Sanjiv Goenka Group may set up food processing industry in Telangana

Hyderabad: RP-Sanjiv Goenka Group may set up a food processing industry in Telangana with an investment outlay of Rs 200 crore, according to an official release.

Telangana IT and Industries Minister KT Rama Rao who is in Kolkata on Monday met the Group chairman Sanjiv Goenka and thanked him for the initiative, the release said.

"RP-Sanjiv Goenka Group would be investing Rs 200 crore for setting up a food processing industry in 20 acres of land at Toophran in Siddipet district. The Group will manufacture some of their popular snack brands here," the release said.

The industry is expected to provide direct employment for 1,000 people, it added.

KTR also met Hemanth Kanoria, chairman of Seri Infrastructure Finance Limited and sought investments in some of the infra projects that are coming up in Hyderabad.

The Minister also met some of the leading businessmen in Kolkata and sought their support in their respective sectors, the release further said.