Oil Country Tubular to relocate plant from Telangana to Andhra Pradesh.

Oil and gas drilling pipes manufacturer Oil Country Tubular (OCTL) has decided to shift lock, stock and barrel its manufacturing facility from Telangana to Andhra Pradesh, citing undue pressure from the trade union affiliated with the ruling Telangana Rashtra Samithi.

The management of India's lone manufacturer of wide range of products for oil and gas drilling operations has cited frequent disruptions to operations and damages to critical equipment as the reason for its drastic step of relocating the entire integrated manufacturing facility.

The move could prove a major embarrassment to the Telangana government, which is already reeling under severe power deficit and offering power holidays to industrial consumers in a bid to get them to reconsider expansion plans in India's newest state.

ET