IT, Municipal Minister KTR concludes US tour His talks with various foreign companies for investment in the state were successful.Minister KTR’s visit to the US ended fruitfully with a flood of huge investments on the last day.During the last day of the tour, 4 companies in Telangana expressed readiness to invest.
Advent International is ready to invest heavily in life sciences and pharma companies in Hyderabad.The company said that the priority given by the Telangana government to the life sciences sector and the infrastructure provided would be very useful for their expansion and growth.
“I am pleased with Advent’s decision to invest heavily in Hyderabad Pharma and Life Sciences.The Telangana government will work with Advent Company.I am confident that the company will explore other lucrative investment opportunities.
We will provide all necessary assistance for this,” said Minister KTR.
New Jersey-based Slayback Pharma Company has announced major expansion plans in the Hyderabad pharma sector.It is expected to invest around Rs 1,500 crore over the next three years.Minister KTR said that Slayback Pharma’s extraordinary growth and expansion plans in the Hyderabad pharma sector are excellent.
He said he was confident that the Slayback Company would achieve more success by utilizing the industry-friendly policies in Telangana and the opportunities available in Hyderabad for the life sciences sector.KTR said he was already pleased that many life sciences companies in Hyderabad were attracting world attention with their successes.
