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The Hindu
The Hindu
National
Special Correspondent

US firms evince interest to invest in Telangana

A number of US firms focused on research and innovation, especially from the life sciences sector, either announced investment plans or committed to explore opportunities in Telangana during the recent tour of Industries and IT Minister K.T.Rama Rao to that country.

Discussions with top leadership of pharma, IT and electric vehicle firms, visits to facilities and interactions with the diaspora figured in schedule of Mr. Rama Rao and the official delegation that visited Los Angeles, San Diego, San Jose, Boston and New York. Mr. Rama Rao highlighted the policy measures initiated by Telangana to attract investments and benefits of investing in the industry-friendly State.

Terming it as as a successful US trip, the Minister tweeted: “It's a wrap! One week. 35 business meetings. Four sector round tables. Three large meet and greet events. Over ₹7,500 crore of investments.”

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