Rashmi Group to Set Up Steel Plant in Telangana; Ab InBev Plans Facility Expansion
The Telangana government announced that Rashmi Group will invest ₹12,500 crore to set up a new steel plant in the state. The project is expected to create thousands of jobs and boost the local economy. Officials said the plant will focus on modern steel production and use advanced technology to ensure efficiency and sustainability.
In a separate development, global beverage company AB InBev has announced plans to expand its existing facility in Telangana. The expansion will increase production capacity and create additional employment opportunities in the region.
Government officials highlighted that these investments reflect Telangana’s growing industrial appeal and its ability to attract both domestic and foreign companies. They said the state is committed to providing infrastructure, policy support, and ease of doing business to encourage more large-scale investments.
These initiatives are part of Telangana’s broader plan to strengthen manufacturing and industrial growth in the state.
Rashmi Group to Set Up Steel Plant in Telangana; Ab InBev Plans Facility Expansion
