Investors assured KTR for Vibrant Hyderabad

May 13, 2015 10:33
Investors assured KTR for Vibrant Hyderabad

It is known that Information Technology and Panchayati Raj Sri. Kalvakuntla Taraka Rama Rao toured Dallas. He accompanied IT and the Industrial Secretary Dr. Jayesh Ranjan, IAS., and MLA’s from Nizamabad Ganesh Gupta, Jeevan Reddy from Armoor.
 
KTR could manage to give his best speeches in all the meetings and explained that how can Telangana state fetch them with good results in future. He thus impressed a few of the officials  and made them invest in the state.

Major aspects KTR dealt with    

T-Hub:

Firstly, he concentrated on T-Hub (Technology Hub), the largest incubator for start up companies in Hyderabad where NRI/Foreign investors can directly invest in those startup companies. The officials assured to invest in the state after the project is started.

Drinking water project:

The minister explained that the project would benefit  10 million households, but it costs  around Rs.38000 crores. So he requested the officials  to sponsor their village, Mandal or a district. The project was applauded by all the people over there and paved the way for $210,000 for it.  

Assurances for Vibrant Hyderabad
 
KTR further met   with the global CEO’s and senior executives of multinational corporations at a morning event called “Vibrant Hyderabad CEO Connect” that included Coca―Cola, Perot Systems, Verizon, KFS Logistics, Jindok, Motivity Labs, Naya Ventures, American Spine and Pain Centers, Techstar, Cigniti, Nikola Systems among others. The minister assured single window clearance for all their investments in the state.

Later few of the representatives of these companies assured a total of  $225 Million worth of investments for few of the business units which are  going to benefit the unemployed youth in the state.

BY Phani

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Tagged Under :
KTR  Telangana  Vibrant Hyderabad