CM Revanth Reached to US, South Korea tour to invite investments

International News, National News, News, Telangana News

Hyderabad: Telangana CM Revanth Reddy reached to New York in US on Saturday with his official delegation an aim to attract investments to the state. He and his delegation will visit the US and South Korea for 10 days.

Revanth’s delegation comprises IT and Industries Minister D Sridhar Babu, chief secretary Santhi Kumari, special chief secretary to IT and industries department Jayesh Ranjan and principal secretary to CM Sheshadri.

In the US tour Revanth’s delegation is scheduled to meet World Bank president, CEOs, and representatives of various multinational companies. As per schedule, the chief minister would participate in 52 meetings in this 10-day tour.

The Telangana government is expecting that the CM foreign tour will attract around Rs 50,000 crores of investments would most likely be in the Pharma, IT, and aero-space sectors. The chief minister addressed the Indian diaspora in New Jersey on August 4. On August 5, he is scheduled to meet Cognizant CEO, Cigna Healthcare senior leadership, representatives of RCM Healthcare, Arcesium, Corning Inc, Zoetus, and Rapid 7 in New York.

His series of meetings one by one with CEO round table meetings, and the lunch hosted by the Consul General of India, he would meet founder and CFO of AGRA Investment Management Rama Krishna and P&G company COO Shailesh Jejurikar.

On August 6, he will meet the senior leadership of PepsiCo and HCA Healthcare in New York and then will embark on a visit to Washington DC for a meeting with the World Bank president. On August 7, he is scheduled to visit the head office of Charles Schwab in Texas, followed by a meeting with senior leadership of American Airlines.

Revanth will visit Apple Park on August 8, and meet the Apple manufacturing team in California, followed by meetings with representatives of various other companies. He will visit Google headquarters on August 9, and Stanford University. He will also meet the vice president of Amazon to discuss company’s plans for a data centre hub in Hyderabad.

Revanth will proceed for South Korea on August 10. On August 12, he will meet the representatives of Yuya Pharma, LS Holdings, and Hyundai Motors and will participate in a business round table with the Korean Federation of Textiles Industry (KOFOTI).

He will meet the deputy mayor of Seoul Joo Yong Tae on August 13, and will discuss the Han River Project and also visit the project. The same day, he is scheduled to meet the representatives of Samsung, LG Electronics, GS Caltex, and Celltrion companies. He will visit Korean National Sports University (KNSU) and call on its president Moon Won-jae. CM will return to Hyderabad on August 14.

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