Telangana CM Revanth Reddy Promotes State as Key Player in 'China Plus One' Strategy at CEOs Roundtable in New York

Press Releases Press Releases for Telengana IT

Posted by pallavi on 2024-10-03 11:24:35 |

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Chief Minister A. Revanth Reddy captivated top CEOs and business leaders at a roundtable hosted by the Consulate General of India, New York, where he positioned Telangana as the ideal partner in America's search for a "China Plus One" strategy. The event featured over 20 executives from sectors such as pharma, IT, EV, and biotech. 

In his address, the CM highlighted Telangana’s robust industrial growth, particularly in IT, life sciences, and aerospace, emphasizing Hyderabad’s 425-year-old history alongside its modern infrastructure. He promoted major projects like the "Future City," India's first Net Zero Carbon city, which is set to be a hub for AI, medical tourism, and sports. Revanth Reddy assured investors of best-in-class government policies to make Telangana a key global business destination.

IT Minister D. Sridhar Babu provided further details on Telangana’s development policies, explaining how Hyderabad is emerging as a major alternative to China for manufacturing and industrial investments. Business leaders shared their experiences and discussed future plans, with significant announcements expected in the near future. 

Attendees included senior executives from prominent firms like Corning, KKR, Cigna, Amneal Pharma, JP Morgan Chase, and Deloitte, among others.

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