Hyderabad, Aug. 18 -- Bharat Rashtra Samithi (BRS) working president KT Rama Rao (KTR) blamed the Telangana government on Sunday, August 17, for failing to maintain ties and hold on to major industrial investments over lack of administrative competence and "corrupt governance."

KTR expressed distress in a strongly worded statement over the shifting of Rs 2,800 crore-worth Kaynes Technology's semiconductor investment project from Telangana to Gujarat. The relocation lost direct job opportunities for about 2,000 local youth, he said.

"The Revanth Reddy-led government has not even responded to the exit of a project we worked hard to bring here during the BRS rule. This is nothing short of betrayal of the youth of Telangana," KTR alleges. ...