HYDERABAD: Majority of industry representatives welcomed the formation of Telangana state and said the decision would in no way adversely affect them. While welcoming the decision to allow Telangana people write their own fate, the infrastructure firm IVRCL BSE -2.90 % Chairman E Sudhir Reddy said, "It may now lead to similar statehood demands from across the country. Given the law and order related experiences of Chhattisgarh and Jharkhand, the union government should now focus on a national-level disaster management mechanism to address such issues in smaller states in the national interest." Chief financial officer with an infrastructure company into construction, roads and power, who did not want to be named, said the Telangana state formation would in way affect the interests of Andhra-based entrepreneurs with business interests in Telangana region. "Most of the infrastructure firms have projects across the country and in fact the new c...
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