Telangana, with its vast business potential, can be a key player in the American industry’s China-plus-one strategy, according to Chief Minister A. Revanth Reddy. Speaking at a luncheon meeting with top CEOs and business leaders in the US, hosted by the Consulate General of India in New York, Reddy highlighted Telangana’s strengths in software, life sciences, and pharmaceuticals, as well as its solid foundation in aerospace, defense, electronics, and other sectors.
A Promising Landscape for Investment
“We have excellent infrastructure, a talented workforce, and offer the best policy support for investors. Hyderabad, a city with over 425 years of history, is as old as the United States of America,” Reddy noted.
The meeting was attended by over 20 chairpersons and CEOs from various sectors, including pharma, IT, technology, EV, GCC, biotech, and shipping, according to a statement from the Chief Minister’s office. During his visit to the US, Reddy outlined ambitious projects in Telangana that promise significant investment opportunities and exponential growth.
Commitment to Ease of Doing Business
“We are developing a new industrial policy to realize our ambitions. We aim to make it very easy to start and expand businesses in Telangana. Telangana means business—I mean it,” Reddy emphasized.
State IT Minister D. Sridhar Babu also highlighted Telangana’s strengths across various industries and detailed the policies that position the state as a viable alternative to China for manufacturing, with aspirations to make Hyderabad one of the world’s top 10 cities.
Industry Leaders’ Engagement
Industry leaders shared their experiences of investing globally and conducting business in India, along with their expectations from Telangana and Hyderabad. They also outlined their upcoming investment plans.
Key Business Engagements
Earlier in the day, Chief Minister Reddy and IT Minister Babu met with Trigyn Technologies, a global digital and intelligence solutions provider specializing in data analytics and artificial intelligence. Trigyn, which already has a 100-person office in Hyderabad, plans to establish an AI innovation and delivery center in the city, growing to a total capacity of over 1,000 employees within three years.
Similarly, tech firm Arcesium, a leading provider of tech solutions for asset managers, announced plans to expand its operations in Hyderabad. Led by CEO Gaurav Suri, Arcesium representatives discussed hiring 500 high-end tech professionals in Hyderabad over the next two years.
In addition, the Telangana delegation engaged with Swachh Bio, a lignocellulosic biofuels manufacturing company, which has committed to investing ₹1,000 crore in Telangana to establish a 2G Bioethanol plant, creating 500 jobs.
Through these engagements, Telangana aims to attract significant investments and foster growth across multiple sectors, reinforcing its position as a key investment destination in India.
