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ITC to invest more than 6000 crore in Telangana

Industry Paper

ITC is planning to expand its paperboard capacity by one million tonnes from its current five million tonnes at its Bhadrachalam unit with an investment of Rs.4500 crore. Further, the company plans to set up a food processing unit in dist., Medak with the investment of Rs.800 crore. Besides, it has also plans to set up a hotel in Hyderabad with an investment of Rs.1000 crore.

Extracted from HBL, June 12,’15

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