Hyderabad: Investments poured into the Telangana state at the World Economic Forum (WEF) summit held at Davos. Chief minister A Revanth Reddy exchanges MoU with Adani, Godrej, JSW and other pioneer companies at the summit.
The Telangana team continued proactive meetings with various industries at Davos and explained the opportunities and natural resources available at the state. IT Minister D Sridhar Babu gave a few presentations on the industrial growth rate and opportunities in the state.
Adani group of companies chairman Gautam Adani sealed a deal with Rs. 12400 crores with Telangana state. Andani showed interest in establishing the skill universities for the youth in the combined districts of Telangana. A few power generation companies, battery cell manufacturing units and pharma companies signed MoU with Telangana state.
Jindal group of companies chief Sajjan Jindal met Revanth Reddy and discussed a few key projects. Godi India signed an MoU to establish a battery cell unit with an estimated cost of Rs.8000 crores.
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