Revanth Reddy Bags Deal with Arcesium, Swachh Bio
Swachh Bio will create over 500 jobs in Telangana in the coming years by establishing a biofuel plant.
Revanth Reddy with Swachh Bio team in US.
Revanth Telangana Chief Minister A Revanth Reddy's US delegation secured major agreements with Arcesium and Swachh Bio in New York.
Arcesium, a leading technology firm, plans to expand its Hyderabad office by adding 500 more high-end tech jobs over the next two years.
Swachh Bio will establish a ₹1,000 crore biofuels plant in Telangana, producing 250,000 litres per day and creating 500 jobs.
Arcesium's CEO lauded Hyderabad's talent pool and infrastructure, while Reddy emphasised the expansion’s role in solidifying Hyderabad’s position as a global tech hub.
Swachh Bio's Chairperson praised Telangana’s forward-looking development vision.
Later, Reddy participated in a roundtable with 20 US executives hosted by the Indian Consulate, where he highlighted Telangana’s strategic advantages and its role in the "China Plus One" strategy.
He showcased the state’s strengths in software, life sciences, and other sectors and announced plans for India’s first Net Zero Carbon city.
The CEOs expressed optimism about investing in Telangana, with several major investment announcements expected soon.
Revanth Reddy will return back to Hyderabad on August 14.
