KTR continues USA tour with productive meetings in Boston

HYDERABAD: IT and Industries Minister K.T. Rama Rao’s USA tour continued with productive meetings in Boston on Wednesday. The companies that announced investments in Telangana are Sonata Software, Sanofi and Pi Health.

Sonata Software, a leading modernisation engineering company has announced to invest in Nalgonda, Tier II town in the state, realising the government’s vision to spread Information Technology outside Hyderabad.  The company would be adding 200 jobs in Nalgonda IT Tower and the operations are set to begin soon.

The announcement was made after EVP, Sonata Software, Srini Veeravelli met IT and Industries Minister K.T. Rama Rao in Boston.

Focusing on software development and technology innovation, this will be a collaborative workspace for engineers to work on innovative solutions catering to the needs of a wide range of industries like banking and financial, healthcare and life sciences.

This initiative also provides cross-skilling and upskilling opportunities for youth who are eager to delve deep into the skills and technologies of emerging markets.

Leadership team of Sanofi, a global pharmaceutical giant, met and briefed Minister K.T. Rama Rao on their aggressive growth plans in Hyderabad. The company announced a Center in Hyderabad earlier this year with 350 jobs.

The company said that the Hyderabad center is one of their key global ‘Talent Hubs’. During the meeting in Boston, USA, the Minister said that the establishment of Sanofi’s global hub in Hyderabad further augments our broader life sciences strategy. It represents a significant step forward in Hyderabad's leadership role as we strive to become the ‘Health Tech Mecca’ of the world.

Another US-based company Pi Health has also announced to  establish an integrated cancer hospital and research Center in Hyderabad.

Dr. Bobby Reddy, Co-Founder of Pi Health met with IT and industries Minister K.T. Rama Rao in Boston and informed the Minister of the decision to establish the Center.

Jayesh Ranjan, Principal Secretary of IT and Industries Departments, E Vishnu Vardhan Reddy, Special Secretary, Investment Promotion & NRI Affairs, Amarnath Reddy Atmakuri, Chief Relations Officer were present during the meetings.