'Hyderabad offers great opportunities for SMEs': KTR chairs India-UK business roundtable in London

Hyderabad: Telangana IT and Industries Minister K.T. Rama Rao on Wednesday chaired a round table organized by UK-India Business Council in London. KTR is on an 8-day tour to UK and Davos.

After attending a series of meetings with CEOs of several companies in the UK, the Minister will attend the World Economic Forum (WEF) annual meeting from May 22 to 26 in Davos.

Top management representatives from Deloitte, HSBC, JCB, E&Y, Rolls Royce Plc, and others attended the round table meeting.

Telangana IT Department Principal Secretary Jayesh Ranjan and British Deputy High Commissioner Dr. Andrew Fleming were present. During the session, KTR introduced the progressive industrial policies of the Telangana government and also highlighted the investment opportunities in priority sectors like Information Technology, BFSI, Food Processing, Pharma and Life Sciences, Aerospace, and Defence.

The Minister also mentioned the availability of land, water, power, and human resources in the State for prospective investors. The Minister reiterated that Telangana will either meet or beat the offer given by any Indian State.

KTR also chaired a second round table session jointly organized by UK India Business Council and Tech UK in London today. Collaboration between the UK and India in the areas of Artificial Intelligence (AI), Cleantech, HealthTech, and AgriTech was discussed in the meeting. During the session, the Minister stated that Hyderabad is India's leading Tech Hub which already houses several marquee companies which are engaged in some cutting-edge technology development.

He also said that Hyderabad offers great opportunities for SMEs in Emerging Technologies. The Minister opined that Tech UK and HYSEA could work together on a bilateral engagement to help SMEs explore opportunities.