Tuesday, October 3, 2023
    HomeTelanganaAt a meeting in London, KTR promotes Telangana as an attractive investment...

    At a meeting in London, KTR promotes Telangana as an attractive investment destination.

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    KT Rama Rao, Telangana’s IT and Industries Minister, recently spoke at an investment roundtable in London hosted by the Indian High Commissioner. The roundtable was attended by potential investors from various industries. Rama Rao presented Telangana as an ideal investment destination, highlighting its growth in the last nine years, progress in addressing basic issues, prioritising innovation and infrastructure creation. He emphasised that Telangana’s economy is growing rapidly with tremendous growth in both agriculture and IT. Hyderabad, Telangana’s capital, was highlighted as a tech powerhouse generating the highest number of tech jobs in the country.

    Rama Rao mentioned Telangana’s progressive industrial policy and revolutionary single-window system, TS-iPASS, which streamlines investment processes and reduces bureaucratic red tapism. The State’s robust ecosystem for electronics, aerospace and defense, food processing, mobility, and textiles sectors were also showcased by him during his presentation. He added that Telangana has the most comprehensive innovation ecosystem with research organisations, educational institutions, startups, and marquee companies across sectors.

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    During his address, Indian High Commissioner in London, H.E. Mr. Vikram K. Doraiswami highlighted ample collaboration opportunities in sectors such as heavy machinery, aviation and defense, entertainment, and education. He praised Hyderabad for its world-class infrastructure and its multicultural environment. British Indian businessman Karan Bilimoria also commended the remarkable achievements of Telangana, praising the State’s infrastructure and particularly mentioning the new Secretariat building, Dr. BR Ambedkar Telangana State Secretariat, as fabulous.

    The Principal Secretary of IT and Industries Departments, Jayesh Ranjan, and Special Secretary, Investment Promotion & NRI Affairs, E Vishnu Vardhan Reddy were present on the occasion. Telangana is committed to providing investors with a favorable and inclusive environment to promote partnerships and celebrate investments.

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    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
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