Telangana IT and Industries Minister Ok.T. Rama Rao will lead a delegation from the state to the World Financial Discussion board, which can be held in Davos, Switzerland from January 16 to twenty.

The delegation will depart from Hyderabad on January 14 and attain Zurich the subsequent day. They are going to then proceed to Davos by highway.

That is the fifth time that the state enterprise delegation goes to WEF, Davos. Telangana state had despatched a delegation to WEF, Davos, for the primary time in 2018, adopted by 2019, 2020 and 2022.

The worldwide summit of enterprise and political leaders usually occurs in January. However because of Covid wave, the 2022 occasion was held in Might. The 2023 World Financial Discussion board is occurring below the theme ‘Cooperation in a Fragmented World’.

The alpine resort city of Davos, which is at an altitude of 1,560 metres above sea degree, is all decked as much as host the distinguished annual summit.

World Financial Discussion board President Borge Brende in his invitation to KTR, wrote: “Your management in remodeling Telangana into a number one know-how powerhouse is noteworthy.”

Aside from taking part in numerous periods on the WEF, KTR can be assembly prime management of a number of international marquee firms on the Telangana Pavilion setup in Davos.

The Minister may also be taking part in trade round-tables organised on the sidelines of the WEF.

With an final purpose to showcase Telangana as an funding vacation spot for international corporations and to create extra employment alternatives for Telangana youth within the personal sector, he’ll spell out the progressive and trade pleasant insurance policies of Telangana authorities.

Telangana delegation’s earlier journeys to the WEF had been extremely profitable and fetched enormous investments leading to giant scale job creation for native youth. A number of investments are anticipated to be clinched throughout this yr as nicely, stated an announcement from the minister’s workplace.