Chief Minister Revanth Reddy said that a state-of-the-art fourth city is being built in the capital of Telangana, which is a collection of Hyderabad, Secunderabad and Cyberabad, which will be the address of the country’s future.
Galla S Kiran Kumar, Bureau Chief
CM Revanth Reddy with industrialists in America and other companies ready to invest
Rs. 1000 crore in ‘Swachh Bio’ ethanol plant
CM Revanth Reddy and the company’s chairperson Praveen Paripati with the agreement documents made with ‘Swachh Bio’. CS Shanthikumari, Minister Sridhar Babu, Special Chief Secretary Jayeshranjan and others in the picture.
Today, Hyderabad: Chief Minister Revanth Reddy said that a state-of-the-art fourth city is being built in the capital of Telangana, which is a collection of Hyderabad, Secunderabad and Cyberabad, which will be the address of the country’s future. He said that it will be made pollution free. In addition to artificial intelligence hub, medical, tourism, sports, software and pharma villages will be developed. It is believed that this future city will grow crops for industries along with the development of the state. The CM participated in a round table meeting organized by the Consulate General of India in New York with industrialists from various sectors. Chairpersons and CEOs representing well-known companies in the fields of Pharma, IT, Technology, EV, Biotech and Shipping participated. CM announced on this occasion that expansion of businesses and investments in Telangana will be facilitated. It has been announced that a new industrial policy will be formulated according to the needs and interests of industries. They said that all the business opportunities in America are in Telangana and their determination is to grow as an alternative to China. Along with Hyderabad, the CM gave a presentation on the history of Telangana and the future plans to divide and develop Telangana into industrial clusters. Later he addressed the industrialists. ‘This is my first visit to America as Telangana CM. Telangana has already become a leader in the fields of software, life sciences and pharma. Millions of Covid vaccines have been manufactured and supplied to the world. All the industrialists of the world should come to Telangana once. Let’s build a great future together.’ IT and Industries Minister Duddilla Sridharbabu said.. ‘It is the CM’s intention to make Telangana an alternative production center to China. We will develop Hyderabad as one of the top ten cities in the world,’ he said.
Swachh Bio is the first to invest
Biofuels manufacturing company ‘Swachh Bio’ has expressed readiness to invest in Telangana. A ‘Second Generation Cellulosic Bio Fuel Plant’ will be set up soon. In the first phase, the ethanol plant will be built with an investment of Rs.1000 crore. This will provide employment to 250 people directly and another 250 people indirectly. Swachh Bio Chairperson Praveen held regular discussions with Revanth Reddy and Sridhar Babu, who are on a visit to America. Suganit Bio Renewables Company, an international partner with Swachh Bio, has developed the technology required to produce biofuels and bio-chemicals from biomass and cellulose.
Contract for expansion of Arcesium
Arcium, a well-known technology and service solutions company, has entered into an agreement with the state government to expand its operations in Telangana. The CEO of this company Gaurav Suri and other representatives held discussions with the CM and others. For the first time, Arceum will be expanding its office in Hyderabad. The company plans to hire 500 cutting-edge technicians in Hyderabad over the next two years. Backed by DE Shaw Group and Blackstone Alternative Asset Management, Arceum started as an independent company. The company provides data and analytics on the activities of banks, hedge funds, institutional asset managers, and private equity firms.
HCA Competency Center in Hyderabad
Internationally renowned healthcare company ‘HCA Healthcare’ will set up a Global Capability Center in Hyderabad. The company has already started the incubation facility in March 2024. It has recently leased 4 lakh square feet of space for a new campus towards expansion of operations. The representatives of this company held discussions with the CM’s team.
CM met with representatives of ‘Evernorth’
Revanth Reddy had a meeting with the senior officials of the ‘Evernorth Health Services’ company, which is recognized in the health services. The importance of pharmacy and medical sector in Hyderabad was explained and investment was discussed. CS Shanthikumari, Special Chief Secretary Jayeshranjan and others were in the team of officials along with the CM.
CM congratulates the blind cricket team
Chief Minister Revanth Reddy with members of Indian blind cricket team who met him in New York
Chief Minister Revanth Reddy congratulated the Indian blind men’s cricket team for showing perseverance in achieving their goals no matter how many challenges they faced in the game . The Chief Minister interacted with the team members who met him in New York. He said that the opportunity to meet this inspiring team is very precious. Best wishes to them.
TriZine AI creative center in Hyderabad
Tri -Zine Technologies will set up its artificial intelligence (AI) creative center in Hyderabad. Representatives of that company met and discussed with CM Revanth Reddy’s team. The company provides data analytics, artificial intelligence and intelligence solutions for startups. Trigin has announced that it will set up its ‘Innovation and Delivery Center’ in Hyderabad. More than a thousand employees will be hired and trained in the next three years. Out of 2,500 people working in this company worldwide, 1,000 are in India, and there are about 100 of them in Hyderabad. The company said that it will start its operations within the next six months.
