World Economic Forum Summit has been happening at Davos for days. And it is raining investments for Telangana at the summit. The state’s IT Minister KTR and his team are holding it and bringing some expensive investments to the state.
Already four big companies like Swiss Ree, Chemo, Meesho, and Lulu Group have gaged investments in the state. Now, a big company from Telangana Ashirvad Pipes of Aliaxis, a Global leader in advanced piping systems will be arranging a Greenfield comfort with an investment of Rs 500 crore in the state.
This investment will make way to five hundred jobs for adolescents in the state. The investments net of Telangana from Davos has gone over 1,100 crores, with this 5th investment. The leadership team of NEC Corporation chaired by its senior EVP Mr. Norihiko Ishiguro got together with the IT Minister KTR at Davos.
To set up their Center of Excellence in the bus rapid transport system in Telangana, KTR welcomed NEC. He also invited the NEC team to find other manufacturing possibilities for their telecom appliances in Telangana.