Telangana CM Revanth Reddy Reaches New York, USA to Attract Investments

Hyderabad: 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.