The function to mark the unveiling of the statue was attended by leaders from several political parties. Among those present were Transport Minister Botcha Satyanarayana, MLC P. Sudhakar Reddy, senior BJP leader M. Venkaiah Naidu, PR chief K. Chiranjeevi and party leaders Allu Aravind, C. Ramachandraiah and CPI(M) secretary B.V. Raghavulu.
The statue was said to have been ready for installation near GVK One at the cross of Road No. 1 and 4, Banjara Hills for some time now but was put off on account of the fluid situation prevailing on the issue of separate Telangana.
The statue was installed by Parvathaneni Foundation, an organisation founded by the late leader and actively engaged in social welfare activities in the State.