News

Hyderabad, June 4, 2015: Minister for IT KT Rama Rao who is touring Hong Kong & Taiwan for 3 days to meet ESDM enterprises & invite investments into electronic hardware manufacturing in Telangana has began his tour on a successful note.

KT Rama Rao accompanied with IT Secretary Jayesh Ranjan addressed in the “investment meet and interactive session held by the government of Telangana and CII on Friday.

The most prominent companies involved in financial services, equity and hedge funds, and property development based in Hong Kong has attended the meeting. Close to 50 representatives of such company representatives interacted on various issues like investments and opportunities in the Telangana state.

These companies play a crucial role in guiding investments as investors typically rely on their feedback on preferred investment locations in the world. “Having learnt about the progressive and business-friendly policies and governance in the new state of Telangana, the companies expressed their confidence in the state” KT Rama Rao said after the meeting.

The Consul General of India in Hong Kong Prashant Agarwal, Chairman of Indian Chamber of Commerce Hong Kong M Arunachalam and Chairperson of CII Hyderabad Ms Vanitha Datla were present on the occasion.

The Minister KT Rama Rao also visited Cyberport, a large facility in Hong Kong mostly housing startups. The possibility of collaboration with T Hub was discussed. Mark O Cleft, COO of the organization participated in the discussions.