There is really no basis for the fears that the Seemandhra State will suffer hugely and turn into a Jharkhand or Chhattisgarh, given the entrepreneurial spirit of the people of the region, according to B.V.R. Mohan Reddy, Chairman of Infotech Enterprises. He said there was no lack of resources or entrepreneurial spirit among the people and, therefore, dire predictions about the future of Seemandhra were not warranted, now that Telangana State had been formed. “Infrastructure will have to be built up and investment has to be attracted and the people of the region are hard-working and they will certainly develop the region.”

Read the Hindu Business Line news report here.