By CM Revanth’s team is continuing its hunt for investments in America, targeting Telangana. They are busy with breakfast meetings and lunch meetings in America. On the third day of their tour, they focused entirely on investments and agreements.
CM Revanth and his team are busy in America, focusing on key meetings with CEOs to attract investments.
CM Revanth’s team continues its investment-focused mission in America, aiming to attract investments for Telangana. They are busy with breakfast and lunch meetings. On the third day of their tour, the focus was entirely on investments and agreements, resulting in several MOUs with various companies.
IT giant Cognizant has expressed interest in expanding its operations. It announced plans to establish a new center in Hyderabad, covering approximately 1 million square feet and creating jobs for around 15,000 people. During the tour, CM Revanth Reddy and IT Minister Sridhar Babu met with Cognizant CEO Ravi Kumar and company representatives. The agreement for Cognizant’s expansion was finalized during a breakfast meeting. CM Revanth Reddy expressed confidence that the Telangana government is committed to providing a conducive environment for the IT sector across the state, and he believes that the new Cognizant center will encourage other global technology companies to choose Hyderabad as their main destination. He assured Cognizant of the necessary support and emphasized the positive impact on employment and the state’s economy.
Cognizant CEO Ravi Kumar shared his excitement about expanding in Hyderabad, highlighting the city’s reputation as a technology and innovation hub. He noted that the new center would enhance services for Cognizant’s global clients.
On the third day of the tour, CM Revanth Reddy focused entirely on investments and agreements, signing several MOUs with various companies. Following the Cognizant deal, the prominent American company Walsh Carra Holdings agreed to invest $5 million in Telangana’s WE Hub, which supports women entrepreneurs. The Walsh Carra Holdings team met with CM Revanth Reddy to discuss the investment and signed agreements. The company’s representatives indicated plans to invest an additional approximately ₹839 crore over the next five years. CM Revanth Reddy also attended a lunch meeting with the Indian Consul General and met with representatives from other companies afterward.
Earlier, CM Revanth Reddy’s team visited the New York Stock Exchange, the world’s largest stock exchange and a key component of America’s financial system. Overall, CM Revanth’s team’s tour in America is focused on securing investments for Telangana, holding consecutive meetings with company representatives and signing investment agreements.
