KTR meets industrialists in Japan, seeks investment in Telangana

Hyderabad: Telangana IT and Industries Minister KT Rama Rao during his tour of Japan met several investors and top managements of different organizations. He met Satoshi Shimizu, Ryohin Keikaku, MUJI, (MUJI is a retail giant which sells a wide variety of household and consumer goods without any brand) Director and General Manager respectively, East Asia Business, and invited them to Hyderabad to explore the opportunities available in the State.

KTR pitched for setting up their outlet which offers local talent developed products of high quality at affordable prices. KTR also explained them the friendly policies of the government. After the meeting, he presented them Pochampally stoles.

At another meeting, the minister met JICA’s Hidetoshi Irigaki, Senior Vice President; Kyosuke Inada, Senior Director, SE Asia; Katsuo Matsumoto, Deputy Director General, SE General and discussed priority sectors like urban infrastructure, forestry, water and sanitation, and industrial development.  JICA has invited Telangana to submit its proposals on these sectors for consideration for funding.

KTR also met JETRO (Japan External Trade Organization) officials  Shikegi Maeda, Executive Vice President; Takashi Suzuki, Senior Director for Global Strategy, South West Asia, and agreed on holding business summits in Tokyo and Osaka cities of Japan with various industry leaders prior to invest in Telangana. He also met Satoshi Shinozaki, President, Mayekawa Research Institute Co. Ltd., Vice President, the public-private council for promoting Global Food Value Chain, and requested him to consider Telangana for their future expansions.

MoU with Bahrain companies

Meanwhile, Nayini Narasimha Reddy, Minister for Home and Labour, interacted with the representatives of a few companies from Bahrain on Monday.  The minister explained to them the importance of Telangana Overseas Manpower Company (TOMCOM). He has clarified that TOMCOM would provide qualitative, reliable manpower according to Bahraini companies’ requirement.

Representatives of the companies said they require nurses and skilled people. Later, the minister entered into MoU with Ghani Group, Arab Asian Business Centre, Keval Ram Sons, Omega Paints, VKL Holdings, Namal Group and Quality Education Group. The initiative was taken by Kurian Verghese, A businessman in Bahrain.

Principal Secretary Rajath Kumar, TOMCOM MD, Yakub Nayak , GM, Smt Bhavani, GHMC Standing Committee Member, V.Srinivasa Reddy and others participated in  the meeting. –NSS

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