ITC likely to set up food processing park in Telangana.

ITC is likely to set up a food processing park in Telangana, according to Minister for IT, K T Rama Rao.

'We are in talks and the State Government has requested ITC to consider setting up the park in Gajwel as it is near to the State capital, ' Rao told news persons on the sidelines of a national conference on packaging recently.

The Government had also just cleared a proposal from ITC to set up a five star hotel in Madhapur, the IT-hub here, he said.

The proposed hotel, ITC Kohinoor, would involve Rs. 700 crore investment, he added.

The expansion of ITC Bhadrachalam Paper was also on the anvil with an investment of Rs. 3,000 crore, the Minister said.

HBL