Telangana - More American firms eye ‘Happening Hyderabad’
"Telangana has constantly drawn investment from both domestic and foreign enterprises because of its progressive policies, solid infrastructure, and competent people. We created an environment that encouraged innovation and entrepreneurship, nurturing the growth of various sectors, guided by the vision of chief minister K Chandrashekhar Rao, the minister said, adding that the announcement by VXI solidified the city's position as a top choice for IT companies and job seekers.
The minister had a very busy day as several businesses met with him to discuss potential cooperation as well as plans to open facilities in telangana and expand. The minister brainstormed with Mondee Holdings, Storable, Rite Software, The Charles Schwab Corporation, Rave Gears, and Tekgence while promoting telangana as an investment-friendly State and a great location to launch businesses.
Among them, prasad Gundumogula, the founder, chairman, and CEO of Mondee Holdings, announced the opening of a technology Centre of Excellence in telangana, which will employ around 2000 people.