IT and Industries Minister KT Rama Rao has led a delegation from the State to the World Economic Forum, which is being held at Davos, Switzerland from Monday to January 20.
The delegation, which left from Hyderabad on Saturday night, arrived in Zurich on Sunday and then proceed to Davos by road.
This is the fifth time that a business delegation from the State has headed to the WEF. Telangana sent its first delegation to the WEF in 2018, followed by delegations in 2019, 2020, and 2022.
Although the global summit of business and political leaders is usually held in January, the Covid pandemic has pushed the event to May in 2022.
The 2023 World Economic Forum is happening under the theme ‘Cooperation in a Fragmented World’.
Minister @KTRTRS addressed the Indian Diaspora at a 'Meet and Greet' event in Zurich. In his speech, highlighting the achievements of Telangana Govt. in the past eight years, the Minister urged the Indian diaspora to join hands with the Govt. for the State to progress further. pic.twitter.com/wvKoCuCROq
— Minister for IT, Industries, MA & UD, Telangana (@MinisterKTR) January 16, 2023
The Telangana delegation is attending the event thanks to an invitation from the World Economic Forum, with WEF President Borge Brende writing in the invitation to Rama Rao that his leadership in transforming Telangana into a leading technological powerhouse was notable.
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Apart from attending various sessions at the WEF, the Minister will meet top executives from several global marquee companies at the Telangana Pavilion in Davos. The Minister will also take part in industry round tables on the sidelines of the WEF.
The Minister will outline the Telangana government’s progressive and industry-friendly policies in order to promote Telangana as an investment destination for global firms and to create more employment opportunities for Telangana youth in the private sector.
Previous delegations to the WEF by the state were highly successful, resulting in large-scale job creation for local youth. Several investments are also expected to be clinched this year, according to officials.
The Telangana delegation includes Principal Secretary (IT and Industries) Jayesh Ranjan, Special Secretary Vishnu Vardhan Reddy, Chief Relations Officer Amarnath Reddy, Director (Lifesciences) Shakti Nagappan, Director (Automotives) Gopal Krishnan and Director (Digital Media) Dileep Konatham.
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