World Economic Forum: Telangana became aggressive in Davos… 46 thousand jobs through new agreements!

Telangana government has set new records in garnering investments in Davos. It has recorded huge investments never seen before in the history of the state. Telangana has already secured investments worth Rs 1.32 lakh crore at the World Economic Forum conference being held in Davos. During the Davos visit last year, the state had received an investment of Rs 40,232 crore. This time more than three times as many investment agreements have been signed as compared to then.

With future city planning..

This time, Telangana state has attracted everyone’s attention on the Davos platform. All the meetings held by the Telangana Rising team under the leadership of Chief Minister Revanth Reddy and IT Industry Minister Sridhar Babu with various industrialists in Davos were successful. The government’s priority for future city development in Hyderabad has greatly impressed the world’s leading industrialists.

Increasing vision..

With the future plans chosen by the government for the construction of Young India Skill University, regional ring road and metro expansion, industrialists have shown interest in investing heavily. The Telangana Rising 2050 vision chosen by the state government has become a game changer. With a favorable environment for all sectors, Hyderabad has once again become an investment destination. The liberalized industrial policy implemented by the government as well as the recently announced clean and green policy have attracted the attention of global industrialists.

Major agreements..

The state government has signed agreements with ten major companies of India and abroad. It has invested heavily beyond expectations in the IT, AI and energy sectors. According to the agreements signed by the government for three consecutive days in Davos, about 46 thousand youth will get jobs along with an investment of Rs 1.32 lakh crore in the state.

jobs for youth

CM Revanth Reddy is making strong efforts to provide job opportunities to the youth of Telangana on a large scale. Revanth’s team that visited Davos attracted investments worth thousands of crores of rupees. Investment contracts worth Rs 56,300 crore were signed on Wednesday alone. Telangana government has signed an agreement with Sun Petro Chemicals for investment of Rs 45,500 crore.

With a cloud..

Control Ace has signed a deal worth Rs 10 thousand crores. JSW signed a contract worth Rs 800 crore. The government has also signed three major agreements with Megha Engineering. There will be an investment of Rs 15 thousand crores. An agreement was reached with Sky Route Company for Rs 500 crore. Expansion agreements were signed with HCL, Unilever and Wipro companies.