Telangana IT and Industries minister KT Rama Rao interacted with the members of European Business Group (EBG) in a webinar on Wednesday and asserted that there is a growing interest among European companies to expand their footprint in the State.

He further appealed to the EBG members to consider Telangana when they are looking for new projects in India.

The minister said, “Among the global investments that we have received, it is a fact that the largest chunk has come from US-based companies. We also have sizeable investments from Japan, Korea, China, Taiwan etc. European investments were a few to begin with seven years ago, but of late their numbers are rising significantly. 

I have interacted with many of the European companies who have a footprint in Telangana, and I can share this with you that all of them are extremely satisfied with their locational choice and are planning to do much more in our State.”

“I do hope that EBG members will spread the good word about us and will consider Telangana as a very appropriate location when they are looking for new projects in India,” he added.

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