Telangana IT Minister calls for more investments at WEF meet

K V Kurmanath Hyderabad | Updated on January 16, 2018 Published on October 07, 2016

Telangana Industries and IT Minister K T Rama Rao, who is in Delhi to take part in the World Economic Forum meet today, has asked leaders of several corporates to make investments in the State.

The list of top corporate executives that Rama Rao met included Baba Kalyani of Bharath Forge, JK Tyres Managing Director Raghupathi Singhania, HP India Managing Director Neelam Dhawan and Ashok Leyland Managing Director Vinod Dasari.

“The Minister asked Baba Kalyani to explore the possibility of investing in aerospace and defence sectors in Telangana. He also briefed him about the government’s desire to set up an aero technology university in the State. Kalyani agreed to cooperate with the State government in setting up world class aero technology and defence universities,” a government statement has said on Friday.

The Minister held a meeting with JK Tyres Chairman and Managing Director Raghupathi Singhania and asked him to set up paper mills in the State. He also requested Singhania to help the State in reviving the Sirpur Paper Mills.

“Rama Rao also held discussions with HP India Managing Director Neelam Dhawan on the company’s expansion plans in Hyderabad and on their smart city solutions,” the statement said.

HP has agreed to develop one city in the State as a smart city on a pilot basis. “They said they will come out with a proposal in this regard.

The Minister also met DHL Managing Director Vikas Anand and Ashok Leyland Managing Director Vinod Dasari and explained to them about opportunities in establishing a dry port and automobile sector in the State. “Vinod Dasari has agreed to send a team to further explore the opportunities,” it said

Published on October 07, 2016
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