Unilever, a leading FMCG company, has agreed to set up two manufacturing units in Telangana, following discussions at the World Economic Forum (WEF) annual meeting in Davos.
Chief Minister A Revanth Reddy highlighted Telangana's strategic advantages as a gateway to Southern India, proposing a location in Kamareddy district.
Unilever's CEO, Hein Schumacher, announced plans to establish a palm oil facility and refining unit, alongside a manufacturing unit for bottle caps. This marks a significant expansion for Unilever in the state.