Good news for revanth Reddy..!? 830 Crore cash bag..!!?

The KCR-led BRS party, which has been in power for about 10 years in telangana, has lost in the recent assembly elections. In this situation, the congress party won by capturing 64 seats. Following this, congress General Secretary KC Venugopal announced that revanth reddy would be sworn in as telangana chief minister on december 7. There is a perception that this regime change will have a huge impact on Telangana's economic growth, the influx of IT and tech companies, and investment attraction. FedEx, the largest freight transport services company in the United States, which was approved by the previous regime, opened the first Advanced Capability Community (ACC) Center of its express service division in hyderabad on Tuesday.
With this, the telangana State chief minister revanth Reddy's regime has got a great head start. FedEx to invest around $100 million in hyderabad FedEx ACC is considered a tech and wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital innovation hub, a project linked to the telangana government's technology talent development. Also present at the opening of the FedEx ACC were FedEx Corporation Chairman and CEO raj Subramaniam and FedEx Express Chairman and airlines and international CEO richard Smith. After the change of government in telangana, the development of the IT sector is being watched with great interest by all parties. While amazon and microsoft already have offices, recently google is planning to set up its biggest campus in India. It is based on such announcements that luxury real estate and commercial structures are now being built all over Hyderabad. If the growth of tech companies slows down, there will inevitably be a decline in economic growth. This will be a big challenge for telangana chief minister revanth Reddy.
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Sowmiya Sriram

06/12/2023 03:41 PM