Telangana’s Chief Minister, Revanth Reddy, is expected to arrive at Shamshabad Airport at 11 AM today. His return follows a successful foreign tour aimed at attracting investments to the state.
The Chief Minister and his team began their international trip on the 3rd of this month. Their first stop was the United States, where they stayed for a week before traveling to South Korea. In Seoul, Reddy and his team met with various companies and officials over two days. These meetings helped strengthen partnerships to boost economic growth in Telangana.
While in South Korea, Revanth Reddy signed several important agreements, known as Memorandums of Understanding (MOUs). One significant MOU was with the company Cognizant. This agreement, signed on the 5th of the month while they were still in America, will lead to the creation of a new Cognizant campus in Kokapeta, Hyderabad.
The foundation stone for this new facility is expected to be laid soon. The Telangana government believes that these investments will greatly benefit the state’s economy. The quick progress after signing the MOUs shows the government’s dedication to improving the investment environment in Telangana.