HYDERABAD: More Investments are kept flowing into Telangana state from international companies. This was acknowledged by IT, Industries, and Municipal Minister K Taraka Rama Rao here today.
One such organization Mass Mutual Center has reportedly given its nod to set up its global center in the capital city of Telangana. This organization has announced to set up its new global capability center in Hyderabad. The minister stated that this organization is keen to invest about Rs 1000 crore for its global center in the city.
What more we need with this week getting such a big company coming to invest in our state he tweeted. Mass Mutual Company will be adding another feather to Hyderabad which has global giants such as Google, Facebook, Fiat Chrysler, Apple, Mircosoft, Amazon, and others he stated.
What better way to start the week than to welcome a top fortune 500 company he said. Delighted to announce that BFSI major US-based mass mutual is setting up their Global capability center in Hyderabad, Telangana, KTR said.
This is their first center outside the US with an initial investment of Rs 1000 crore, he added.
SOURCE-NSS