Day-4 for Telangana delegation led by Minister KTR at World Economic Forum

Telangana IT and industries minister KT Rama Rao (KTR) has become successful drawing the attention of Industrialists to put their investments in the state. In a big boost to the Telangana government announced a new Mobility Valley, Korean automaker Hyundai has promised a Rs 1,400 crore investment in the future project to establish proving facilities and test tracks. GMM Pfaudler decided to invest USD 10 million in expanding their glass-line equipment manufacturing factory in Hyd. GMM Pfaudler is a world-class provider of corrosion-resistant technologies, systems, and services to the chemical, pharmaceutical, food, and energy industries. EMPE Diagnostics, based in Sweden, has announced the establishment of a global production facility at Genome Valley in Hyderabad, with a goal of producing 2 million Tuberculosis diagnostic kits each month. Telangana's government has signed an agreement with Mastercard to accelerate the state's digitization.