During Telangana Chief Minister A Revanth Reddy’s visit to the US, the state secured investment deals worth Rs 315 billion, 19 investment deals and MoUs.

Key sectors benefiting from these investments include IT, Global Capability Centers (GCC), life sciences, pharmaceuticals, data centres, AI, cloud services, electric vehicles, green energy, FMCG, and manufacturing. Major announcements in the IT sector include a new Global Capability Center by Charles Schwab and significant expansions by global IT giants Cognizant and Arcesium, reinforcing Hyderabad’s status as a key IT hub.

Amazon plans to expand its data centre operations in Hyderabad, and Aurum Equity is set to establish an AI-powered green data centre, marking significant developments in the state’s technology infrastructure.

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