Revanth in Talks with MNCs for Investment
HYDERABAD: Chief Minister A Revanth Reddy and his delegation initiated an interaction with the world-class corporate managements at the World Economic Forum (WEF) conferences, Davos.
Revanth Reddy, IT minister D. Sridhar Babu, Union food processing minister Chirag Paswan, Union MoS skill development Jayant Chaudhary, Kerala minister for industries and law P. Rajeev jointly inaugurated the India Pavilion at the Promenade, World Economic Forum, Davos.
They also formally declared open the Telangana Pavillion, followed by a discussion on various projects where Telangana could set an example for India. The two Union ministers promised maximum support for Telangana government initiatives in skills development and food processing.
The first meeting at the Telangana Pavilion was between Tarek Sultan, chairman of Agility, a leader in supply chain services, infrastructure and innovation, and Sridhar Babu. The focus for the government is on farmers and increasing their income in a sustainable manner, said Sridhar Babu during the meeting.
Su Le, chief growth officer, SambaNova, an AI inference company, met Sridhar Babu and discussed the potential of investing in Telangana in the semiconductor industry.
Headquartered in Palo Alto, California, SambaNova has built an artificial intelligence (AI) platform which serves as a backbone for AI innovation and harnessing deep learning capabilities. The talks were very encouraging and positive, a government statement said.