KTR attends investor roundtable meeting in New York, discusses Telangana's potential

KTR pitched Telangana as an ideal investment destination, emphasizing that the State possesses all the necessary resources for establishing any business

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Update:2023-05-18 20:23 IST
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HYDERABAD: As part of his ongoing US tour, Telangana IT and Industries Minister K T Rama Rao attended an investor roundtable meeting on Thursday in New York, jointly hosted by the Consulate General of India in New York and US India Strategic Partnership Forum, where the Minister spoke about his deep connection with New York City, the city where he had studied and worked.

KTR pitched Telangana as an ideal investment destination, emphasizing that the State possesses all the necessary resources for establishing any business. With progressive, industry-friendly policies and a robust innovation ecosystem, Telangana offers a wide array of opportunities in 14 priority sectors. He said that Telangana was ready to be the ideal gateway for investors choosing India as their destination.

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Speaking at the roundtable, Indian Consul General in New York Randhir Jaiswal said that Telangana and Hyderabad have become integral parts of global business conversations. He praised KTR's unmatched dynamism and highlighted Hyderabad's boundary-pushing initiatives.

KTR also met multiple leadership teams of huge industries to discuss the business opportunities in Telangana.

Meeting with Wingsure

Avi Basu, the founder of Wingsure - an Insurtech company, met the Minister in New York. The discussion at the meeting centered around the exploration of potential business opportunities within the domains of agriculture and agri related financial services.

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Wingsure uses deep tech to deliver instant access to personalized insurance products and advisories for small farmers and rural communities globally, enabling climate and financial resilience, economic empowerment and livelihood sustainability.

Meeting with Aaron Capital

Executive leadership team of Aaron Capital, a leading investment banking company, led by its Chairman, David Wolfe met with KTR in New York.

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The meeting presented an opportunity for potential collaboration between Aaron Capital and the Government of Telangana. The Minister emphasized the investment-friendly climate prevailing in Telangana, underscoring the robust innovation ecosystem, state-of-the-art infrastructure, and the availability of a skilled and readily employable workforce.

Aaron Capital specializes in mergers, acquisitions, capital formations, financing and advisory services. The firm has clients from a wide range of industries including media, healthcare & life sciences, consumer products & services, food & beverage, industrials, technology, and real estate.

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