Govt of Telangana & HCCB sign MoU for capacity building of MSME units

New Delhi, April 7 (KNN) The Department of Industries and Commerce, Government of Telangana and Hindustan Coca-Cola Beverages (HCCB), today signed a Memorandum of Understanding (MoU) for capacity building of organizations in the areas of water, solid waste management and skill-building. 

HCCB also announced that it will be setting up a second factory in the state at the Bandathimmapur Food Processing Park, Siddipet district. The company will invest up to Rs 600 crores in the first phase, to build a smart factory.

Telangana Government aims to facilitate support to establish local vendors for the manufacturing units through development of MSME units and through linkages with farmer producer organizations. 

 The Telangana Government has a progressive industrial policy and is encouraging the food processing sector in the state with the objectives of increasing farmer income, reducing food wastage and improving value addition. This partnership will therefore benefit existing and upcoming industries. 

It is proposed that HCCB will conduct online capacity building sessions for water consuming industry in collaboration with key departments/programs of the Telangana govt.

HCCB will also conduct capacity building for existing and upcoming industries in Telangana to improve solid waste management.

Telangana Government and Hindustan Coca-Cola Beverages Pvt. Ltd., (HCCB) proposes to partner to enhance the employability of the educated, unemployed in the state. (KNN Bureau)