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7,627 Companies Close Down In Telangana

7,627 Companies Close Down In Telangana

Reality is always different from the media hype. Both Chandrababu Naidu and following in his footsteps, KCR have made extreme use of the media in trying to project a non-existent story of development in their respective States.

The story of Amaravati is a big sham and a real-estate exercise aimed for the benefit of one community.

As for KCR, he has divided the Telugu people and successfully made them enemies for life merely for the CM’s chair. For the people of Telangana, he is a savior, for the people of Andhra Pradesh; he is the reincarnation of Mohammad Ali Jinnah.

Anyway, coming to the matter, with respect to Telangana,  there has been a massive publicity drive undertaken by the TRS government on how Telangana is ideal for investments and that there is no impact of bifurcation on the companies in Hyderabad.

A recent report released by the Confederation of Indian Industry (CII) says that a whopping 7,627 companies have closed down in the last two years, after bifurcation. This is 12% of the companies which closed down across the whole country.

And guess who the chief guest was at the launch of the report? KTR!

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