KTR used to proudly promote Telangana and there were many strategic investments in the state during his time as the minister.
KTR then brought Corning Glass Company to Telangana as he tweeted “Happy to share that Corning, one of the world’s leaders in material sciences has decided to invest in Telangana to set up a manufacturing plant to make Gorilla Glass for smartphones, for the first time in India. Investment size of ₹934 Crore will employ 800 people but more importantly a strategic investment in manufacturing for smartphones and other electronic devices.”
However, now it is established that the company has moved out of Telangana and instead opted to move to Sri Perumbudur near Chennai, Tamil Nadu. A related tweet from a Twitter page with the name “Chennai Updates” is going viral. If the company really has moved out, then it could mean a big deal.