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Galla Jayadev's ultimatum to revanth reddy if we don't do that work!!
Amararaja controversy continues in telangana state. It seems that the Amararaja company is ready to give a shock to the revanth reddy government. It is known that the foundation stone of Amar raja Battery Plant has been laid in mahabubnagar district of Telangana, but Amar Raja Energy and Mobility Chairman Galla made shocking comments regarding this plant.
Amararaja, who signed an investment deal of 9500 crores in telangana state, issued an ultimatum, especially to telangana CM revanth Reddy. He made key comments that if the current government does not fulfill the promises given for the battery plant during the previous government's regime, they will find another place for their plant. Amara raja Battery Company signed an agreement with the previous BRS government to invest 9500 crores in telangana state in 10 years.
Galla Jayadev, who is optimistic about the present government, has made this agreement to set up a research and development green field manufacturing center for lithium-ion battery manufacturing in telangana state. The previous government had given some guarantees in terms of industrial incentives for the establishment of this plant. But galla jayadev stated that we are hopeful that the present government will fulfill those promises. Galla Jayadev's comments on Telangana's economic situation warned that if the current government ignores the promises of the previous government, there is a possibility that the Amara raja plant will go elsewhere. He stated that if the promises given by the government are not fulfilled, there is no option but to shift the plant capacity expansion to another place. Looking at the financial situation of telangana state, there are doubts whether the commitments of the previous government will be fulfilled or not.
The ultimatum to revanth Sarkar is that if the conditions are positive, the expansion of the plant will continue in Telangana, otherwise, the plant will have to be moved to another place. As revanth reddy has issued an ultimatum to the government, now there will be a discussion on it across the state of Telangana.