Telangana signs deals worth Rs 40,232 crore at WEF, ‘double’ from last year

Telangana chief minister A Revanth Reddy, leading a team comprising IT and Industries minister Dr D Sridhar Babu and officials, on a three-day trip to Davos, during which Telangana set a record in getting new investment deals signed – of Rs 40,232 crore.

“This is nearly double the amount the state of Telangana could muster last year at Davos,” a press release from the state government said.

The investment concluded positively with Adani Group, JSW, Web Werks, Tata Technologies, BL Agro, Surgical Instruments Group Holdings, Godi Energy, Aragen Life Sciences, Innovera Pharmaceuticals, QCentrio, Systra, Uber, and o9 Solutions, having a new potential of creating over 2,500 jobs directly, it further informed.