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Telangana Could See Investments Over Rs 4,200 Crore Through WEF, Says IT Minister KTR

May 28, 2022
in INDIA
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Telangana IT and Industries Minister KT Rama Rao said that his 10-day trip in the Telangana delegation to the UK and the World Economic Forum, Davos, had concluded successfully.

During the trip, KTR attended series of meetings, interacted with top executives of global corporations, and participated in panel discussions.

Concluding thr trip, the Minister tweeted, “An extremely productive trip comes to an end! It’s a fruitful & fulfilling 10 day trip to UK & @wef Davos. 45 Business Meetings, 4 Round Table Meetings, 4 Panel Discussions, Over Rs 4200 Cr of Investments A big thanks to my team & Telangana diaspora for making it a huge success.”

The Minister also stated that the primary aim of the trip is to showcase Telangana as an investment destination for global companies and bringing investments to the state and thereby creating more employment opportunities for the youth of Telangana.

After attending back-to-back meetings with various business leaders in UK, Minister KTR reached Davos, Switzerland to attend World Economic Forum (WEF) where he met representatives of several renowned organizations. Several companies have come forward to invest in Telangana after their meetings with the IT Minister KTR. The Telangana pavilion at WEF, set up with a slogan “India welcomes the world, Telangana First Stop,” has been very attractive and completely stood out.

Apart from attending formal business meetings, Minister KTR participated in Panel discussions. The Minister ‘impressed’ a large audience of global executives with his grasp of major contemporary issues, officials said.

ZF announces its expansion plan in Hyderabad

German auto parts maker ZF is all set to inaugurate its newest facility center in Hyderabad. The ZF facility centre, which was constructed at Nanakramguda with a cost of about Rs 322 crore, will be inaugurated on June 1, 2022. The proposed facility will create job opportunities for about 3,000 people, officials said.

Read all the Latest News , Breaking News and IPL 2022 Live Updates here.



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