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Telangana attracted Rs 21,000 cr investment during Davos meet
Telangana attracted Rs 21,000 cr investment during Davos meet

Hyderabad, Jan 22 : Telangana attracted investments worth Rs 21,000 crore during the World Economic Forum (WEF) annual meeting at Davos where the state delegation was headed by state minister for information technology and industries, K.T. Rama Rao.

A delegation led by Telangana IT and Industries Minister K T Rama Rao has successfully concluded its trip to Davos and the minister's efforts to bring investments to the state have yielded fruitful results, it said.

"All the meetings at the WEF were highly productive and we were able to attract Rs 21,000 crore at the meet," Rama Rao said.

Presenting the growth story of Telangana and pitching for investments, the minister participated in meetings with leaders of top global organisations, attended round tables and spoke at panel discussions in which he shared his thoughts on a wide array of subjects in the four-day trip.

In addition to this, the minister also interacted with the Indian diaspora in Zurich and highlighted the progress of Telangana to the NRIs in Switzerland.

When the global economy is on the brink of recession, Telangana managed to bag some big-ticket investments. The Telangana delegation was successful in showcasing the state as a global investment destination and gateway to India, the release further said.

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