Telangana Chief Minister Revanth Reddy concluded his US tour on a high note, securing over Rs 31,500 crore investment plans, said a statement from the CM’s office, adding that this investment would bring over 30,750 new jobs, a statement from the CM’s office said.
The delegation held Roundtable Conferences on business, AI and semiconductors, spanning coast to coast, and also met with CEOs, founders and business alliances and groups, inviting them to come to Hyderabad and consider Telangana in their future plans, the statement said.
Hon’ble Chief Minister Sri A. Revanth Reddy Concludes a High-Impact #USA Visit!
Sri @revanth_anumula, accompanied by IT & Industries Minister Sri @OffDSB and a high-level delegation of key officials, concluded their landmark USA visit with resounding success. Over 50 business…
— Telangana CMO (@TelanganaCMO) August 11, 2024
The delegation pitched Hyderabad and Telangana to business heads and investors across different sectors and closed new and expansion deals in IT, GCC, Lifesciences, Pharma, Data Centres, AI, Cloud and Data Centres, Electric Vehicle and batteries, green energy, FMCG and manufacturing, the statement added.
Hon’ble Chief Minister @revanth_anumula experienced the driverless Waymo car in San Francisco, #USA . Minister Sri @OffDSB also joined to watch the impressive demonstration of this cutting-edge technology. @Waymo #TelanganaTheFutureState pic.twitter.com/knsiKaF2bc
— Telangana CMO (@TelanganaCMO) August 11, 2024
Major announcements in the IT sector include the Charles Schwab GCC, one of America’s leading financial sector corporation, the statement said.
The Trinet deal opens major forays ahead in the HR solutions sector. The significant expansion announcements by global IT major Cognizant, and Arcesium, reinforced the edge of Hyderabad in the IT/GCC space, the statement added.
Must Read: Madhya Pradesh: CM Mohan Yadav Declares Rs 450 Discount On Gas Connections Under Ujjawala Scheme
The pharma/life sciences sector saw fresh investments from nearly dozen American companies, the statement said.
The MoU with Corning on skilling and flow chemistry reiterates the companies’ commitment to grow in Telangana and also reinforces the city’s R&D capabilities, the statement said.
The announcement by Amgen, top biotech company, to set up a new R&D tech facility is a major breakthrough for Hyderabad. New GCC by Zoetis Inc, leader in animal health sector, and significant expansions by HCA and Thermofisher are set to give a further boost to the life sciences ecosystem of Telangana, the statement said.
We are thrilled to announce that @Amgen has chosen #Hyderabad, Telangana, as the location for its new technology and innovation site, Amgen India. This groundbreaking facility in HITEC City will accelerate Amgen’s global digital capabilities and further advance its pipeline of… pic.twitter.com/DyS2ra3XYP
— Telangana CMO (@TelanganaCMO) August 9, 2024
Another major takeaway of the visit was the decision by Amazon to make significant expansions in their data centre presence in Hyderabad and use the city as a hub in a big way to drive their India presence, the statement said.
Hon’ble Chief Minister Sri @revanth_anumula is happy to share that #Amazon Inc. is set to significantly expand its data center facilities and workforce in #Hyderabad. Following productive discussions with Amazon’s senior leadership led by Kerry Person, VP, AWS Data Centre… pic.twitter.com/VNTvOxViEk
— Telangana CMO (@TelanganaCMO) August 10, 2024
Aurum Equity too made a significant announcement to set up an AI-powered green data centre, the statement added.
#Aurum Equity Partners has committed to a $400M phased investment to build a cutting-edge, AI-Powered Green Data Centre in #Hyderabad. This decision, made after discussions with Hon’ble CM @revanth_anumula and IT Minister Sri @OffDSB , builds on their initial $50M plan.
The 100… pic.twitter.com/IRXpswO1gV
— Telangana CMO (@TelanganaCMO) August 10, 2024
Monarch Tractors adds a crucial fillip to our Telangana’s ambition of growing in high-end manufacturing, the statement said.
Hon’ble Chief Minister Sri @revanth_anumula met with @MonarchTractor, a U.S.-based leader in driver-optional electric tractors, during his U.S. visit. Monarch, which has had an R&D center in Hyderabad since 2023, announced plans to expand operations and set up an autonomous… pic.twitter.com/ZCqh0eWNqR
— Telangana CMO (@TelanganaCMO) August 10, 2024
The delegation led by CM Revanth Reddy also engaged with Apple, Google, Stanford University.
A high-level delegation, led by the Chief Minister Sri @revanth_anumula and Industries Minister Sri @OffDSB met with Stanford’s Byers Center for Biodesign to discuss healthcare innovation and skill development.
Key topics included partnerships for the upcoming Young India… pic.twitter.com/bnN9CXARUH
— Telangana CMO (@TelanganaCMO) August 10, 2024
Excited to visit @Google headquarters in California and meet leaders to talk about tech, AI and Skilling and how that can help the State of #Telangana take the next leap : @revanth_anumula.#InvestInTelangana #AI #TelanganaTheFutureState pic.twitter.com/UYq4vfe44d
— Telangana CMO (@TelanganaCMO) August 10, 2024
Exhilarating to visit Apple Park, the corporate headquarters of Apple Inc., at Cupertino, California. The 175-acre campus was the ideal place to make a strong pitch for #Hyderabad and #Telangana as a leading investment destination in several sectors.
My team, including my… pic.twitter.com/kg5kfl27O3
— Telangana CMO (@TelanganaCMO) August 9, 2024
“The trip opened a myriad of areas for accelerated partnerships, setting new horizons and showcasing our wealth of potential for newer opportunities. From our plans in AI to building the Future City, corporations, startups, business leaders, tech and business associations and influencers have agreed to take our breathtaking vision to more people,” said Revanth Reddy, before leaving for South Korea.
Sridhar Babu, IT and Industries Minister, said, “we have exceeded our goals, which were audacious to being with. Am delighted we could generate so much excitement in American business world, which will lead to a Multi-fold impact on investments and new jobs. The pipeline ahead is exciting. We will rigorously follow up to ensure many more closures in coming months.”
Also Read: Union Civil Aviation Minister Reviews Bhogapuram Airport; 36% of Construction Completed
(Except for the headline, this story has not been edited by Newsx staff and is published from a syndicated feed.)
