"Telangana CM Secures ₹31,500 Crore in 19 Investment Deals/MoUs During US Trip"

Telangana Chief Minister A. Revanth Reddy and his team have concluded their inaugural official visit to the USA, securing 19 investment deals and Memorandums of Understanding (MoUs) totaling ₹31,500 crore. These agreements are expected to create 30,750 new jobs in the state.

The delegation, which is now heading to South Korea, engaged with business leaders and investors across various sectors during their U.S. tour. The new deals cover a wide range of industries including IT, GCC, life sciences, pharmaceuticals, data centers, artificial intelligence, cloud computing, electric vehicles and batteries, green energy, fast-moving consumer goods (FMCG), and manufacturing.

Chief Minister Revanth Reddy remarked, “The trip has opened up numerous avenues for accelerated partnerships, setting new horizons and highlighting our potential for future opportunities.” The team’s next destination is South Korea, where they aim to continue promoting Telangana as a prime investment destination.

HBL