How KTR convinced NRIs, industrialists in US

How KTR convinced NRIs, industrialists in US
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Highlights

How KTR convinced NRIs, industrialists in US Minister for Information Technology, K T Rama Rao called on Boeing International president Marc Allen and sought investments in Telangana for the 1,000-acres aerospace park which is close to existing Adibatla aerospace SEZ in Hyderabad.

Minister for Information Technology, K T Rama Rao called on Boeing International president Marc Allen and sought investments in Telangana for the 1,000-acres aerospace park which is close to existing Adibatla aerospace SEZ in Hyderabad.


KTR said that besides setting up new aerospace parks in Nizamabad and Warangal to place Telangana State as the ideal aerospace manufacturing destination of the country, TS government has identified aerospace sector as the core industry in its new industrial policy and is offering incentives for manufacturing aircraft components and aircraft.


The IT Minister who is on a two-week tour of the US, visited Washington, New York and met several industrialists and NRIs on Thursday.


Mr Allen was informed of the Tata Advanced Systems Ltd that is currently being set up with three new facilities in the 250-acre SEZ at Adibatla in association with Lockheed Martin and Sikorsky for the manufacture of aircraft, helicopter cabins and its components. KTR invited Boeing to set up similar facilities to which Mr Allen responded favourably and said that investment proposals will be explored in the state by the company’s delegation who will make a visit in July.


For the health and education sectors, KTR called on Suparno Banerjee, VP, Public Sector Programmes of HP, to develop innovative programmes and Mr Banerjee agreed to develop trauma centres in Hyderabad city along with the possibility of locating the manufacturing facility for HP printers in Hyderabad was discussed.


KTR also met senior representatives from Lockheed Martin, Ford Motor Company, Pfizer, Master Card and Wipro. Offering to begin a healthcare KPO and Analytics Company in Karimnagar, Vice-President of Eclat Health Solutions, Mr Jerry Jorgensen met Mr Rao stating that around 200 people will be given employment in the next six months.

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