Revanth Reddy Dismisses Misinformation, Highlights Telangana’s Investment Success During Davos Visit

Telangana Chief Minister Revanth Reddy has countered claims of misinformation regarding investments and business opportunities in Hyderabad, asserting that the state has successfully secured significant investment deals during the World Economic Forum (WEF) held in Davos. Speaking at a press conference at the Secretariat, Revanth Reddy stated that international organizations have shown substantial confidence in the Telangana government by committing to major investments.

The Chief Minister emphasized that the Davos trip was aimed at attracting international corporations to Hyderabad, and the effort has yielded impressive results. He announced that approximately ₹1.80 lakh crore in investments have been secured for Telangana as a result of agreements signed during the forum. He also expressed gratitude to the companies that have chosen to invest in Hyderabad, further strengthening the city’s reputation as a global business hub.

Revanth Reddy added that the successful outcomes of the Davos visit have dispelled the misinformation spread by certain individuals about the investment climate in Hyderabad.