Telangana IT and Industries Minister KT Rama Rao said his 10-day trip to the UK and the World Economic Forum in Davos was successfully completed. He said the main purpose of the trip was to showcase Telangana as an investment destination for global companies and bring investment to the state.
During the trip, Mr. Rao, also known as KTR, who led the Telangana delegation, attended a series of meetings, interacted with leaders of global companies and participated in panel discussions.
Concluding the trip, Minister Telangana tweeted: “An extremely productive trip is coming to an end! It is a fruitful and rewarding 10 day trip to the UK and the World Economic Forum in Davos. 45 business meetings, 4 panel discussions, 4 panel discussions and over Rs 4200 crore in investments. Many thanks to my team and the Telangana Diaspora for making it a huge success.
An extremely productive trip is coming to an end!
It is a fruitful and fulfilling 10 day trip to the UK and @wef Davos
45 business meetings
4 round tables
4 round tables
More than Rs 4200 Cr of investments
Many thanks to my team and the Telangana Diaspora for making it a huge success. pic.twitter.com/B2lL91TKX1
— Minister of IT, Industries, MA&UD, Telangana (@MinisterKTR) May 27, 2022
KTR said the main objective of the trip is to showcase Telangana as an investment destination for global companies and bring investment to the state, thereby creating more employment opportunities for Telangana’s youth.
After attending back-to-back meetings with various business leaders in the UK, KTR traveled to Davos, Switzerland to attend the World Economic Forum (WEF) where he met with representatives from several renowned organizations.
Several companies have come forward to invest in Telangana after their meetings with IT Minister KTR.
In addition to attending formal business meetings, Minister KTR participated in roundtables.
Meanwhile, German auto parts manufacturer ZF is set to inaugurate its new facilities center in Hyderabad. The ZF facilities centre, which was built at Nanakramguda at a cost of around Rs 322 crore, will be inaugurated on June 1. The proposed facility will create employment opportunities for approximately 3,000 people.
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