CM Revanth pitches TS for investments at Davos
Unveils Invest in Telangana campaign; WEF agrees to set up C4IR in Hyderabad
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The goals and vision of the World Economic Forum are in line with those of the Telangana government. Therefore, WEF and the Telangana government will work together to improve living standards of people in Telangana in terms of health and technology - A Revanth Reddy, Chief Minister, Telangana
Hyderabad: The Telangana government has launched the ‘Invest in Telangana’ campaign at the World Economic Forum (WEF) meeting at Davos, Switzerland. The 54th Annual Conference of the World Economic Forum began in Davos on Monday. The three-day conference brings together top decision-makers from government, business, and civil society to address major global issues and priorities for the year ahead.
Chief Minister A Revanth Reddy said the State government’s participation in WEF conference is aimed at attracting investments to the State. As part of this, he along with IT and industries D Sridhar Babu, is meeting representatives of leading global companies.
The Chief Minister met World Economic Forum (WEF) president Borge Brende, other organisers and key personalities. He explained the investment opportunities that Telangana offers. He also highlighted the priorities of the new government formed in the State. An official release said WEF agreed to set up Centre for Fourth Industrial Revolution (C4IR) in Hyderabad. The centre will be opened during BioAsia-2024 which will kick off in Hyderabad on February 28.
“The goals and vision of the World Economic Forum are in line with those of the Telangana government. Therefore, WEF and the Telangana government will work together to improve living standards of people in Telangana in terms of health and technology,” Revanth Reddy said.
Telangana delegation and WEF team also held discussions with the view that if governments, entrepreneurs, business and trade leadership work together, this will make people prosperous.
Later, Reddy met Deputy Prime Minister of Ethiopia, Demeke Mekonnen Hassen and discussed the initiatives taken by Telangana for industrial development.
The Telangana delegation also had a meeting with National Association of Software and Services Companies (Nasscom) Debjani Ghosh. The special focus of the meeting was on skill development in the State and the programmes to be undertaken for the same. They discussed skill development, placement commitment and employment opportunities for students of engineering and degree courses.
On the first day of their visit on Monday, the Telangana delegation had discussions with prominent participants and showcased the strengths of Telangana, which has developed as a major center for the IT and life sciences.
Earlier, several NRIs welcomed Chief Minister Reddy and Sridhar Babu at Zurich Airport. They interacted with prominent members of the Indian diaspora. The Chief Minister expressed his happiness to be part of his government’s efforts towards the progress of all people through inclusive and balanced development.
