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AP, Telangana look to draw foreign firms hit by covid-19 in China

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HYDERABAD : The covid-19 pandemic may have slowed down India’s economic engine, but the two Telugu states of Andhra Pradesh and Telangana are in fact looking at invest opportunities which may arise as a result of it.

While officials from Telangana are still tight-lipped about which companies have shown interest, AP is in fact looking to draw companies, specifically from the electronic ad textile industries, if they leave China in the coming days. “The Japanese industry and manufacturing industries…big companies which are manufacturing in China, and furthermore textile and apparel companies, are looking at AP in a positive environment.

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