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Revanth Reddy Seeks Singapore Investment in Telangana
Telangana’s Chief Minister Revanth Reddy met officials from Singapore.
He asked Singapore companies to invest in Telangana.
The Singapore delegation said it was interested in creating a semiconductor industry there.
Semiconductors are important parts used in many electronic devices.
Reddy promised that the state government would support investors.
He also described plans for the Musi river and a new Future City near Hyderabad.
The government wants Future City to be a net-zero city and Hyderabad to become a Knowledge Hub.
Telangana invited the Singapore delegation to its Global Summit in December.
Telangana Chief Minister A Revanth Reddy invited Singapore companies to invest in the state.
A delegation led by Augustine Lee met Reddy at the Telangana Assembly.
Singapore representatives expressed willingness to establish a semiconductor industry in Telangana.
Reddy presented projects including Musi river rejuvenation and Hyderabad’s proposed Future City.
The state invited the delegation to attend the Telangana Global Summit in December.
- Who
- Telangana Chief Minister A Revanth Reddy and a Singapore delegation led by Augustine Lee.
- What
- Reddy invited Singapore companies to invest in Telangana, including in semiconductor manufacturing.
- Where
- The meeting was held at the Telangana Assembly in Hyderabad.
- When
- The meeting took place on Wednesday; the Telangana Global Summit is planned for December.
- Why
- Telangana is seeking investment and support for projects including semiconductor manufacturing, the Musi river rejuvenation project, and Future City.
Key facts
- Host
- A Revanth Reddy, Chief Minister of Telangana
- Visiting delegation
- Singapore representatives led by Augustine Lee
- Investment interest
- Establishing a semiconductor industry and manufacturing units in Telangana
- Major projects discussed
- Musi river rejuvenation project and Future City
- Future City plan
- The government described it as a planned net-zero city on Hyderabad’s outskirts
- Other development plans
- Promoting a night economy and transforming Hyderabad into a Knowledge Hub
- Upcoming event
- Telangana Global Summit, planned for December
Sources
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