7627 Companies Shut Shop In Telangana?

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Increasing rivals of the Andhra Pradesh Chief Minister Chandrababu Naidu are comparing him with Telangana CM KCR over use of hype to cover failures and in also using media for self praise all the time. 

On one side we see how Amaravati is a real-estate exercise aimed to benefit one community. Now all heads are turning towards Telangana, as the TRS government is projecting how it has made Telangana an ideal zone for investments!

However a recent report that was released by the Confederation of Indian Industry (CII) has mentioned that a staggering 7,627 companies were closed down in last 2 years! Is it true?

7627 Companies Shut Shop In Telangana?
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