The Telugu State of Telangana is going towards the path of development with another huge international investment.
On the 20th of May, Saturday, Mr. K.T. Rama Rao, the Information Technology and Urban Development Minister of Telangana, announced another major investment for Telangana.
Taking to Twitter, Mr. K.T. Rama Rao said, “Delighted to announce that @TechnipFMC, a French American Oil and Gas giant selects Hyderabad as a key hub for their software Global Delivery Center & Precision Engineering Manufacturing Facility, creating 2,500 jobs in engineering and 1,000 jobs in the manufacturing facility
The investment of over $150M (Rs. 1,250 Crores) with an export value of $650M (Rs. 5,400 Crores), is a major boost to Hyderabad and a testimony to the city’s potential
In addition, the Bharat Rashtra Samithi (BRS) Minister, who is in the United States of America (U.S.A.) had meetings with several companies and businessmen, approaching them for investments in Telangana.
In the past few days, the K. Chandrashekar Rao led Telangana Government even signed deals and memorandum of understanding (MoU) with companies, who assured to establish their centres in Hyderabad, Telangana.
What a lovely welcome at Alliant Headquarters today at Houston!!
— KTR (@KTRBRS) May 20, 2023
Furthermore, after announcing the investment of Technip FMC, K.T. Rama Rao shared a tweet about his successful meeting with Alliant’s Chief Executive Officer Mr. Dhaval Jadav.
The tweet of Mr. K.T. Rama Rao read, “A huge boost to the Telangana/India BFSI sector! Met with the very dynamic & exuberant @Dhavaljadav02 CEO of Alliant in Houston today who shared a great news after our discussion @AlliantGroup, a powerhouse in consulting and financial services, is going to rev up BFSI sector of Hyderabad in a big way by adding 9,000 new jobs! Great opportunity for youth in the areas of Tax, Accounting, Audit Services and core IT technologies as well. Alliant’s decision once again exemplifies the unwavering trust and confidence that the BFSI industry has placed in the city!! #HappeningHyderabad.”
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