“An extremely productive trip,” said a gleeful Telangana industries and information technology minister K.T. Rama Rao (KTR) on his return from the World Economic Forum (WEF) Summit at Davos, where the state attracted investments worth over Rs 4,200 crore.
Showcasing Telangana as an investment destination at the WEF in the face of intense competition from other Indian states, besides other countries, was in itself a challenge, all the more given the grim prospects of recession.
Despite these hurdles, Telangana attracted investments across sectors, including mobility, pharma, life sciences and BFSI (banking, financial services and insurance). During their 10-day trip, which began with a three-day visit to the UK, the Telangana team held 45 business meetings, including four roundtables and panel discussions each to market investment opportunities in the state.
“Both our team and the Telangana diaspora helped make it a huge success,” said KTR.
