The Center has apparently closed down the over four-decade-old, Hindustan Cables Limited in Hyderabad which has stunned Telangana. HCL is an endeavor of Government of India under the ministry of heavy industries and public enterprises
This was at one time a pioneers in the assembling of telecom links in the nation which has endured hard after the emergence of wireless technology. This is the first such central public sector unit being shut after arrangement of Telangana state.
What’s more it likewise joins extensive rundown of shut units in the locale like Republic Forge, Allwyn, Praga Tools and others, which has left a great many representatives jobless. The conclusion of HCL is being seen as an impolite stun to 600 or more workers.
Every one of them were holding up for recovery bundle from the service as a team with the Ordnance Factory Board and Rashtriya Ispat Nigam, which didn’t emerge. HCL is placed in Cherlapally, Ranga Reddy locale on a 327 section of land area.