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Davos in Switzerland attracts everyone's attention in the world for a few days in January every year. The annual meeting of the World Economic Forum is the reason behind this as the states try their luck in inviting investments from big companies to boost employment opportunities.
Even big states like Maharashtra try to get new companies. Coming to Telugu states, pearl city Hyderabad has been doing great for the past few years. Yet again Telangana state struck gold by inviting investments worth Rs 21,000 crores.
The investments are quite high as the areas where the investments would come would also get development. On top of this, thousands of people would also get employment opportunities. With this, not just the IT corridor but other regions would also get a big push.
The information shared by the official handle of Telangana IT Ministry said that the Davos trip has been productive with 21,000 crores worth of investments coming to the state. Announcing the wrapping of the Davos trip, the handle mentioned the work the team did in getting investments.
As part of the Davos trip, 52 Business Meetings, 6 Round Table Meetings, and 2 Panel Discussions have been held by the team and which attracted more than 21,000 crores and this will create more jobs in the state.
"It's a wrap!A truly productive trip to #WEF23 4 Days,52 Business Meetings,6 Round Table Meetings, 2 Panel Discussions.Over Rs 21,000 Crs investments that will create more jobs in Telangana. Adios, Davos!," the tweet reads.