British
Minister of State for Asia and Pacific Mr Mark Field met Minister KTR in
Hyderabad today. He was accompanied by Mr Dominic Asquith, British High
Commissioner to India and Mr Andrew Fleming, British Deputy High Commissioner
to Telangana and AP.
During
the meeting, Minister explained about how Telangana is fast emerging as the
preferred destination for investments in the country. Minister gave an overview
of investment opportunities for British companies in IT, Textiles, Biotech,
Aerospace and Food Processing sectors and also about the various industrial
parks coming up in the state. Minister said that the state government is
creating state-of-the-art industrial parks such as Hyderabad Pharma City,
Medical Devices Park, and Kakatiya Mega Textile Park.
Minister
KTR proposed to the British Minister that Telangana is keen to expand the
T-Bridge initiative (which connects startups being incubated at T-Hub to the US
markets) to UK too.
Earlier
in the day, Mr Mark Field visited T-Hub facility and interacted with the
startups being incubated there. The British Minister appreciated the
support extended by Telangana government to boost innovation ecosystem in the
state.
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