The trip to the UK and the US by telangana IT and industries Minister K T Rama Rao (KTR) came to an end on Thursday. He spoke at two conferences, went to five sector-specific roundtable discussions, and took part in almost 80 business meetings throughout the two-week tour. Numerous businesses saw significant investment announcements, which led to the creation of 42,000 new employees in Telangana.

According to the state government, the proposed investments and possible partnerships would generate 42,000 direct employees, with the potential to generate an additional 3 to 4 indirect jobs for every direct job. Warner Bros. Disney, a major player in the media industry, Medtronic, a leader in healthcare technology, State Street, the largest asset management firm in the world, VXI Global Solutions, owned by Bain Capital, and the london Stock Exchange Group are among the international businesses that have announced their plans for investment and expansion.

According to a press release, Technip FMC, a French-American oil and gas giant, AlliantGroup, a leading global consulting and financial firm, StemCures, an expert in stem cell therapy, Mondee, the largest B2B2C travel marketplace and technology innovation company, and ZapCom Group are among the other major announcements for Telangana.

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26/05/2023 08:38 AM