Business

CII welcomes Telangana’s move to re-start industrial activity

Hyderabad, May 1 (IANS) The Confederation of Indian Industry (CII), Telangana, on Friday welcomed the state government’s move to gradually resume industrial activity.

It hailed the government’s directions to district collectors to permit the operations of the industries located in rural areas, industrial estates, SEZs and export oriented units.

Krishna Bodanapu, Chairman, CII Telangana said that industry is committed to work closely with the state government and mentioned that as per guidelines all industries would follow social distancing norms and ensure the accessibility and usage of masks and hand wash facilities.

He also said that there is a strong need for a fiscal package for MSMEs so as to get back to business after the lockdown period is over.

“Public health and safety is of utmost importance. As the threat of coronavirus will remain for some time, forcing us to make changes in the way we live and work. It is also essential to prevent public frustration, instill confidence, ensure that the industries are operational to reduce impact on the economy and provide livelihood to many,” the CII noted.

Sameer Goel, Vice Chairman, CII Telangana appreciated the Ministry of Home Affairs’ order to allow the free movement of trucks across the country. The production lines could function only when the supply chain is 100 per cent in place. This move will not only help to restart the business operations but also makes the essential items available to the public.

The move to gradually resume industrial activities comes even as chief minister K Chandrasekhar Rao had declared that lockdown in Telangana would be in place till May 7.

–IANS

ms/rt

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