It is already known that the chief minister of Telangana Revanth Reddy is currently in Davos where he is inviting investments to the state through the WEF that is happening there. As per the latest reports, the Telangana delegation has managed to secured Rs 1.79 lakh crore investments here at the Forum.
Deal of deals at Davos — Telangana secures ₹1,78,950 crore investments, 49,550 jobs
•₹60,000 Cr Amazon Web Services
•₹45,500 Cr Sun Petro Chemicals (7,000 jobs)
•₹15,000 Cr Megha Engineering (4,250 jobs)
•₹15,000 Cr Tillman Data Center (300 MW)
•₹10,000 Cr CtrlS (3,600 jobs)
•₹7,000 Cr Akshat Greentech Solar Unit (2,500 jobs)
•₹5,000 Cr Ursa AI Data Hub (100 MW)
•₹4,500 Cr Blackstone Data Center (150 MW)
•₹800 Cr JSW (200 jobs)
•₹500 Cr Skyroot Aerospace
& others
Software majors made major decisions, including Infosys (17,000), Wipro (5,000) , HCL (5,000 jobs), Eclat (800) expansion
Data Centres – Amazon, Tillman, Usra, CrtlS and Sify. Unilever’s two manufacturing units, Suhana Masala for Centre of excellence. RAMKY Group made decisions to invest in integrated industrial parks, dry port and townships, and another investment from MTS Group.
this is a pretty significant number of investments to the state, but the challenge lies in actually pulling through and getting these investments sanctioned in the coming days. The deals that were struck in Davos are just in political and are yet to be bounded contractually.