Speaking at the inaugural function of Schulich School of Business here, Chief Minister K Chandrasekhar Rao said his government is bringing out a new industrial policy aiming to put Telangana on top of investors' choice.

"We have 5 lakh acres of readily usable land with us. Very shortly, we will be coming with new industrial policy which will be really inspiring. The new state of Telangana requires blessing of people like Ratan Tata. We welcome the corporate and industries from across the country and globe to set up industries here," Rao said.

The GMR Group on Friday officially inaugurated a building for Schulich School of Business, York University, Canada. The GMR group and Schulich School of Business have jointly established the campus at Hyderabad airport.

GMR Group chairman GM Rao asked the central and state governments to ensure the passage of Foreign Universities Bill for the promotion of higher education in the country.

"I sincerely request the state and central governments to support the foreign educational institutions bill as early as possible which will provide strong support for improvisation of Indian higher education sector," GM Rao said.

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