KTR pitches Telangana Model to the world, says investment commitments from tour to create 42,000 direct jobs

The global corporations that have announced their investment and expansion plans in Telangana include media powerhouse Warner Bros. Discovery, healthcare tech giant Medtronic, asset management giant State Street, Bain Capital-owned VXI Global Solutions, and the London Stock Exchange Group.

Other big announcements are from DAZN, a global leader in sports live streaming; Technip FMC, a French American Oil and Gas giant; AlliantGroup, a top global consulting and financial firm; StemCures, a specialist in stem cell therapy; Mondee, the world’s largest B2B2C Travel Marketplace and Technology Innovation Company; ZapCom Group, a product engineering and solutions company, etc.

Rao highlighted the triumph of the Telangana Model to the global audience at the ‘Ideas for India’ conference in London and showcased the success stories of Telangana’s flagship water projects Kaleshwaram and Mission Bhagiratha at the World Environmental and Water Resources Congress held by the American Society of Civil Engineers in Henderson, Nevada. He spoke on the remarkable progress and rapid growth of Telangana in the last nine years and the state’s progressive industrial policies and the thriving innovation ecosystem in Hyderabad at the roundtable organised by the High Commissioner of India in London.

At the investor roundtable meeting in New York, jointly hosted by the Consulate General of India in New York and the US India Strategic Partnership Forum, KTR conveyed that Telangana is ready to be the ideal gateway for investors choosing India as their destination. Besides the aerospace and defence roundtable, the minister also participated in roundtables organised by the American Health Association (AHA) and the Centre for Strategic and International Studies (CSIS).

During the tour, KTR also held a meeting with NRI CEOs of more than 30 companies and emphasised the growth of IT in Telangana’s Tier-II cities and explained the measures taken by the state government and encouraged them to start their operations in Tier-II cities.

“The major fillip for the expansion of IT across the state came from Sonata Software, a leading modernization engineering company, which decided to expand to Nalgonda by adding 200 jobs in the soon-to-be-opened Nalgonda IT Tower and 3M-ECLAT’s announcement to start an operations centre in Karimnagar. Also, Rite Software has evinced interest to expand their operations to Warangal shortly,” the note said.