Invest in Telangana, CM Revanth Reddy to NRIs in America

Hyderabad: Telangana Chief Minister Anumula Revanth Reddy urged Telugu NRIs in the United States to invest in the state, emphasizing that such investments would yield good results and contribute to the region’s development. Speaking at a large NRI gathering in New Jersey, he highlighted various initiatives for farmers, women, and youth and announced plans for a new industrial policy focusing on job creation, skill development, and fund mobilization. Reddy also mentioned the development of a fourth city alongside Hyderabad, Secunderabad, and Cyberabad, urging NRIs to participate in Hyderabad’s growth.

Key Points

Call to NRIs: Telangana Chief Minister Anumula Revanth Reddy urged Telugu NRIs in the United States to invest in Telangana.

Event: The call was made during a large gathering of NRIs in New Jersey, where Reddy received a warm welcome with huge rallies.

Investment Benefits: Reddy emphasized that investments in Telangana would yield good results and contribute to the development of the state.

Promise Fulfilled: He mentioned his previous visit to the US as the president of the Telangana Pradesh Congress Committee, where he promised to return only after the Congress Party came to power, ending 10 years of misgovernance. He has now fulfilled that promise.

Government Initiatives: Reddy highlighted various government initiatives for the development of farmers, women, and youth.

Economic Growth: He reiterated the government’s commitment to rapid and inclusive economic growth.

పుట్టిన గడ్డ రుణం తీర్చుకోవడానికి…
పెట్టుబడులతో రమ్మని ప్రవాస తెలంగాణ,
తెలుగు ప్రజలకు పిలుపునిచ్చాను.

అమెరికాలో నా తొలి రోజు పర్యటనలో…
ఎన్నారైలతో సమావేశమయ్యాను.

ప్రజా ప్రభుత్వం అధికారంలోకి వచ్చిన తర్వాత…
పెట్టుబడులకు అవకాశాలు…బేగరి కంచె వద్ద నిర్మించబోతున్న…నయా నగర… pic.twitter.com/xhSohl0OjC
— Revanth Reddy (@revanth_anumula) August 5, 2024

Telangana Chief Minister A Revanth Reddy has begun a 12-day investment tour in the US and South Korea to attract industrial investments. His itinerary includes visits to major cities such as New Jersey, Washington D.C., New York, San Francisco, and Seoul. The trip aims to engage with multinational companies and secure deals worth around Rs 16,000 crore. Reddy will meet with executives from companies like PepsiCo, Apple, Google, and Amazon, participate in a CEO Roundtable lunch, and hold discussions with leaders in IT, healthcare, and manufacturing sectors. His engagements also include meetings with the World Bank president and visits to corporate headquarters such as Charles Schwab and American Airlines in Dallas.

Key Points:

Investment Goal: Secure deals worth approximately Rs 16,000 crore
Meetings: Discussions with top government and business leaders, including executives from PepsiCo, Apple, Google, and Amazon
Engagements: CEO Roundtable lunch hosted by the Consul General of India. Meetings with leaders in IT, healthcare, and manufacturing sectors. Meeting with the World Bank president, and Visits to corporate headquarters such as Charles Schwab and American Airlines in Dallas

Significance:

The trip follows a prior foreign tour and a busy budget session in the assembly.
The focus is on fostering the development and growth of Telangana and Hyderabad through international investments.

Chief Minister Shri @revanth_anumula has just landed in New York, accompanied by Minister for Industries and IT Shri @OffDSB and senior officials. The team is eager to kickstart 10 days of meetings, discussions, and deliberations with top government and business leaders in the… pic.twitter.com/8GOBCa1npx
— Telangana CMO (@TelanganaCMO) August 4, 2024

Read Below… Telangana CM on 12-Day Visit to USA, South Korea for Industrial Investments

Hyderabad: On Saturday, Telangana Chief Minister A Revanth Reddy embarked on a 12-day visit to the United States and South Korea to attract industrial investments for the state. The CM left for the US early in the morning and is scheduled to return to Hyderabad on August 14, as confirmed by official sources.

Reddy is accompanied by officials from the industries department, highlighting the significance of this trip for Telangana’s economic and industrial development. The Chief Minister, who assumed office in December last year, has been proactive in seeking international collaborations. In January, he participated in the World Economic Forum (WEF) meetings in Davos, Switzerland, to promote Telangana’s potential on a global stage.

In addition to CM Reddy’s visit, State Industries Minister D Sridhar Babu will also be traveling to the US. He is set to leave on Sunday morning to join the Chief Minister. This coordinated effort underscores the state government’s commitment to enhancing industrial growth and attracting foreign investments.