NRIs Offer Two-Lakh Dollars For T Programs: KTR

HYDERABAD: Wooing the international investors, Telangana Information Technology Minister Taraka Rama Rao today asserted that Hyderabad is a favourite destination for companies to explore and expand their businesses.

During his fourth day in the US, Rao addressed an a�?IT Serve Alliancea�? conference of 150 companies and then in Vibrant Hyderabad program. Interestingly, those attended the Conference announced donations of two-lakh dollars for the prestigious programs of Water Grid and Mission Kakatiya taken up by the Telangana Government.

IT secretary Jayesh Ranjan made a presentation on the flagship programs of Hyderabad, a unique place for investments as there will be no power cuts in Telangana State.

Speaking on the occasion, Rao thanked the donors and said the Telangana government would become power surplus state in two years as focus was on to generate power four times more than it needed. He said Hyderabad was noted for IT, Aerospace, health, pharma, education domains and manufacturing companies.

The minister urged the companies to come forward with investments in Hyderabad and other districts of in Telangana. Rao tried to portray the best facilities and the yet to be launched industrial policy with abundant land bank of 1.50 lakh acres for the disposal of the industries.

a�?Industrialists and businessmen should come forward with investments to take part in the efforts to make the fledgling State into a golden Telanganaa�?, he added. (NSS)

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