Revanth to Attract Investments for Telangana at WEF

Update: 2024-12-22 18:34 GMT
Chief Minister A. Revanth Reddy will represent Telangana at the World Economic Forum (WEF) annual meeting in Davos for the second consecutive year, aiming to attract investments to the state. (DC)

 Hyderabad: Chief Minister A. Revanth Reddy will represent Telangana at the World Economic Forum (WEF) annual meeting in Davos for the second consecutive year, aiming to attract investments to the state.

Official sources confirmed that Revanth Reddy would leave for Davos on January 19 to participate in the global summit. Chief Ministers Devendra Fadnavis and N. Chandrababu Naidu of Maharashtra and Andhra Pradesh will also be travelling to Davos.

This year’s WEF meeting will adopt a new format, with the Centre replacing state-specific pavilions with a unified “India pavilion” to promote a cohesive national brand.

Prime Minister Narendra Modi’s government has instructed participating states, including Telangana, Andhra Pradesh, Karnataka, Maharashtra, Tamil Nadu, and Uttar Pradesh, to share the centralised platform for investor engagements, sources said.

In preparation for the event, Revanth Reddy convened a review meeting with senior officials on Sunday at his residence. Discussions focused on showcasing Telangana’s strengths and potential investment opportunities, particularly in projects such as the Future City initiative and the Musi River Rejuvenation Project.

The shift to a single Indian pavilion marks a departure from previous years, where states independently showcased their investment opportunities. Despite the change, Telangana aims to highlight its infrastructure, tourism, and healthcare sectors, alongside its established strengths in IT and pharmaceuticals.

The WEF’s 55th annual meeting, themed ‘Collaboration for the Intelligent Age’, will bring together global leaders from government, business, civil society, and other sectors to address complex global challenges. According to the WEF, the summit will focus on fostering dialogue, future-oriented insights, and actionable solutions for an interconnected world.

Telangana’s delegation will participate in key discussions, including sessions on “India’s Economic Blueprint,” alongside other Indian leaders. By leveraging this platform, the state aims to strengthen its global presence and attract investments to fuel its ambitious development agenda. 

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