The industry is broadly in consensus with the main agenda of
the Congress party to focus on revitalising the agrarian economy.
hopeful on reforms continuity, silent on Telangana.
OUR REGIONAL BUREAU
Hyderabad, 11 May
The industry in the state is
cautious in its reactions to the Congress win.
The industry has restricted
itself to merely hoping that the new government will continue
the policies of the TDP government. It is also maintaining a
studied silence on the demand of the TRS for a separate Telangana
The industry is broadly in consensus
with the main agenda of the Congress to focus on revitalizing
the agrarian economy. The IT and ITES sectors, which were in
the limelight during TDP rule, are also not perturbed over change
S V Ramachandran, re gional
director of Nasscom, said, "Congress has realized that
IT is a very important sec tor today. And they have even I promised
to set up at least six institutes to train students in IT and
Venkata Rao Mallineni, president
and CEO of SoftPro Systems, said: "I personally think that
Congress would continue what the previous government has done
and only take it forward."
Ramesh Datla, president of CII's
Andhra Pradesh cell, said that the greater thrust on agriculture,
infrastructure, exports, healthcare, tourism and knowledge-based
industry was in line with the CII agenda.
AB Bhushan, regional president
of Indo-American Chamber of commerce, observed that, "There
would be no major policy changes."
Venkat Jasti, president of Bulk
Drug Manufacturers Association, said: “A part from policy
continuity, the other concern is the ban on expansion of pharmaceutical
industries in four districts. The ban is impeding the growth
of pharma industry."
He said that the new government
should also extend support to the industry to house the headquarters
of Pharmaceutical Export Promotion Council (Pharmexcil) in Hyderabad.
The recent emphasis on the promotion
of use bio fuels by YS Rajasekhar Reddy has buoyed the players
in the biofuel sector.
Satish Kumar N, managing director
of Southern Online Bio Technologies, and G Sreenivas, MD of
Tree Oils India, said the new government should set up a single
window office and declare tax holidays for encouraging biodiesel
ventures. Also needed are policy guidelines, seed collection
centres and oil expelling units in all districts, they noted.
For the food processing industry,
there is not any major issue of concern. "What the previous
government had done should be continued. However, the new government
should improve the pathetic state of industrial estates in the
Rajendra Kumar Agarwal, chairman
of Disha Foods Private Limited, said.
BHC Agro president Pat Rao said
that apart from developing the large irrigation projects, the
need of the hour was to expand and implement micro irrigation.
"This measure would deliver
immediate benefits to small and marginal farmers by helping
them utilise very small amounts of water and power for produce
of larger quantity and higher quality at a very competitive
cost structure," he said.