KTR lays foundation to the newly Malabar stone manufacturing unit in Maheshwaram
Image Credit: Twitter
With the developments around, now investors are eyeing towards Hyderabad for various reasons and recently IT and Industries Minster K T Rama Rao laid the foundation to the upcoming unit of Malabar stones in Maheshwaram in Ranga Reddy district.
This facility is said to be by far the largest jewelry manufacturing unit of Malabar Gold & Diamonds. Currently the company has17 retail show rooms in Telangana and seeks to expand its outlets further.
Investments continue to pour into #Telangana!
Minister @KTRTRS laid the foundation stone for Malabar Gems & Jewellery @Malabartweets manufacturing facility located in Maheshwaram, Rangareddy District. It would be set up with an investment of ₹750 crore. @InvTelangana pic.twitter.com/T3jnRf3mvg
— Minister for IT, Industries, MA & UD, Telangana (@MinisterKTR) October 15, 2022