TG No. 1 In Wooing Cos, Managing Inflation: CM
Revanth Reddy says state bagged `3-trn investments since Dec ’23
Telangana CM A Revanth Reddy inaugurating the new facility of Sonata Software in Hyderabad on Monday. IT Minister D Sridhar Babu, Telangana Legislative Council chairman Gutha Sukender Reddy, and other representatives from Sonata are also seen. The new facility is expected to generate 5K jobs in 3 yrs
The government has created more than 1 lakh jobs in the private sector. This year at Davos, Telangana was the number one state in attracting investments of about Rs1.78 lakh cr — A Revanth Reddy, CM, Telangana
Hyderabad: Telangana State attracted nearly Rs3 lakh crore investment since the Congress assumed office in December 2023, says Chief Minister A Revanth Reddy, while adding that the State is number one in India in attracting investments, managing inflation and maintaining law and order. Speaking after inaugurating the new facility of Sonata Software hereon Monday, Reddy said “The government has created more than one lakh jobs in the private sector. This year at Davos, Telangana was the number one state in attracting investments of about Rs1.78 lakh crore.”
Reddy sought the cooperation of companies like Sonata Software to achieve the government’s goal of making Telangana a $1 trillion economy or to transform Hyderabad into the ‘world’s most amazing city’.
Samir Dhir, Managing Director and CEO of Sonata Software, said, “This new center marks a major step forward in our growth journey. Hyderabad’s strong ecosystem and global reputation for innovation make it the perfect location for building AI-led digital solutions at scale. The facility will enable us to attract top-tier talent, drive deeper client collaboration, and accelerate delivery of value-driven outcomes for our clients.”
