, which has identified gems & jewellery sector as one of the 14 thrust areas, has already bagged investments of over 1,000 crore in gold refining and is gunning for more.
Speaking at the inaugural of the 15th edition of the Hyderabad Jewellery Pearl & Gem Fair (HJF), Telangana Industries principal secretary JayeshRanjansaid the State Government has successfully convinced new players to invest in the state and is open to assisting overseas investors keen on setting up operations in India.
Venkata Sekhar, industrial promotion officer and director of gems & jewellery, Telangana, said major jewellery manufacturers are investing over 1,000 crore in refinery activities in Maheshwaram.