Hyderabad, July 10 (RAHNUMA): Telangana is the most conducive state for establishing manufacturing industries compared to other states in the country, said Minister for Information Technology and Industries Duddilla Sridhar Babu.
He urged the high-level German delegation to encourage German industrialists to invest in the State. The Minister said the state government is making planned efforts to transform Telangana into a world-class manufacturing hub with investor-friendly industrial policies, world-class infrastructure, and a skilled workforce.
A high-level German delegation led by Tobias Gotthardt, Vice Minister of the Bavarian Ministry of Economic Affairs, Regional Development and Energy, paid a courtesy call on Sridhar Babu at the Secretariat on Friday.
During the meeting, both sides discussed opportunities to further strengthen bilateral relations between Telangana and Germany. Sridhar Babu explained the policies being implemented by the State government to accelerate industrial development and the incentives being extended to industries.
He said Telangana offers vast investment opportunities in sectors such as life sciences, biotechnology, aerospace, defence, advanced manufacturing, precision engineering, digital engineering, semiconductors, automotive and mobility, artificial intelligence (AI), digital health, research and innovation, clean energy, global capability centres (GCCs), and industry 4.0.
“The State is systematically developing a comprehensive ecosystem with a focus on advanced technology, research, innovation, and skilling to address future challenges in these sectors,” Sridhar Babu said.
The Minister said the Telangana government is ready to expand the Telangana–Germany partnership beyond investments to include collaboration in technology, research, and skill development.
The meeting was attended by German Consul General Michael Hasper, Germany’s Honorary Consul in Hyderabad Amita Desai, Executive Director of the Bavarian Ministry of Economic Affairs Ulrike Hoffmann, Executive Director of the Bavaria India Office John Kottayil, and others.
