Search Result for : K T Rama Rao

The Dollar Business Bureau Government of Malaysia's Construction Industry Development Board (CIDB) has shown interest to invest Rs.10,000 crore in the infrastructure projects in the state of Telangana. Minister for Industries K T Rama Rao has met Abdul Latif Hitam, the CEO of CIDB in Kuala Lumpur, Malaysia on Friday. He discussed the opportunities in Telangana infrastructure sector during his three-day tour to attract investments into the state.  The CIDB, a statutory body under Malaysia’s Ministry of Works, promotes and facilitates the exports of Malaysian construction services. The CIDB board is interested to invest in infrastructure projects such as highways, urban mass transit, housing and other infra projects in Telangana. The board has already entered into an MoU with Rajasthan government for ...

Pooja Jain In a bid to gather investments for the State, Telangana Chief Minister K. Chandrashekhar Rao will make his first formal visit to the US in July. His son and IT Minister K T Rama Rao had visited the US in May. His two-week visit was aimed at meeting various leaders of the IT industry seeking their co-operation in investing and setting up offices in the State. During the course of his visit, he had met various heads of Google, Microsoft, CISCO, various other entrepreneurs and industrialists. KTR also held talks with two NRI associations, the Telangana Information Technology Association (TITA) and the American Telugu Association (ATA). In his string of meetings in New York, Washington DC, Dallas, Bay Area, Pittsburg, New Jersey, many ...

The Dollar Business Bureau Micromax, a leading mobile handset manufacturer of India, said that it plans to invest Rs.2,000 crore over the next 5-6 years, to expand its business.  The handset manufacturer set up a new manufacturing unit in Hyderabad with an initial investment of Rs.100 crore. This is the second plant of the Bhagwati Products Ltd, the manufacturing subsidiary of the company. Speaking at the inauguration of the plant on Thursday, Rajesh Agarwal, co-founder of Micromax, said that the company will expand its operations this year to two to three countries. “Having presence already in Russia and SAARC countries, we are now looking for expansion to Iran, African and CIS countries,” he said.  The handset maker targets a growth of 25 percent during the ...

The Dollar Business Bureau The Telangana government is mulling setting up a “Data Analytics Park” and a tower to house SMEs in the information technology sector, state IT Minister K T Rama Rao said today. The TRS government is committed to help and encourage SMEs (small and medium enterprises) to compete with major IT companies, Rao said after inaugurating a Global Delivery Centre of Techwave Consulting Inc, a US-headquartered system integrator. “Small and Medium Enterprises are very important. That is why our government is planning to set up SME Tower to house them at Kondapur (located in IT zone). “A good address is important for SMEs to attract investments and we would like to provide the same to them,” he said without disclosing details. The ...