Monday, 10 December 2018 »  Login
in
»
Hyderabad News » Sirpur Paper Mills To Reopen Soon
I am at

Sirpur Paper Mills To Reopen Soon

The efforts of the Telangana government to revive the Sirpur Paper Mills have borne fruit with the NCLT approving the proposal for the revival of the mills.
Hyderabad | 19th July 2018
The efforts of the Telangana government to revive the Sirpur Paper Mills have borne fruit. The National Company Law Tribunal (NCLT) has approved the proposal for the revival of the mills.

The Telangana government has extended certain incentives to J K Paper Limited, which had submitted a proposal to revive the closed mill located in Komaram Bheem Asifabad district, leading to the NCLT decision.

Minister K T Rama Rao expressed his happiness over this development, and said that the Telangana government had been putting consistent efforts to revive the sick units in the state. He said that the government had made multiple attempts to revive the Sirpur Paper Mills over the past three years, and that the representatives of the state government had visited Ahmedabad, Mumbai, Kolkata and many other cities and held talks with various companies for the revival of the mills.

Sirpur MLA Koneru Konappa said that the latest development had rekindled hopes in the town of Kagaznagar, whose economy had collapsed due to the factory's closure. He thanked Chief Minister K Chandrashekar Rao and K T Rama Rao for their efforts to facilitate reopening of one of the oldest paper manufacturing units in the country.

Once revived, the paper mills will generate about 1,200 direct and 4,000 indirect employment opportunities to the people in the region.
filed in:  Telangana, K T Rama Rao, Employment
COMMENTS
Be the first to comment on Sirpur Paper Mills To Reopen Soon! Just use the simple form below.
LEAVE A COMMENT
fullhyd.com has 700,000+ monthly visits. Tell Hyderabad what you feel about Sirpur Paper Mills To Reopen Soon!
[no link to your name will appear, overriding global settings]
To preserve integrity, fullhyd.com allows ratings/comments only with a valid email. Your comments will be accepted once you give your email, and will be deleted if the email is not authenticated within 24 hours.
My name:

Dissatisfied with the results? Report a problem or error, or add a listing.
ADVERTISEMENT
SHOUTBOX!
ADVERTISEMENT
This page was tagged for
hyderabad July 2018 News
Telangana news
K T Rama Rao updates
Follow fullhyd.com on
© Copyright 1999-2009 LRR Technologies (Hyderabad), Pvt Ltd. All rights reserved. fullhyd, fullhyderabad, Welcome To The Neighbourhood are trademarks of LRR Technologies (Hyderabad) Pvt Ltd. The textual, graphic, audio and audiovisual material in this site is protected by copyright law. You may not copy, distribute, or use this material except as necessary for your personal, non-commercial use. Any trademarks are the properties of their respective owners. More on Hyderabad, India. Jobs in Hyderabad.