Telangana signs trade partnership with USIBC

HYDERABAD: Industries Minister D Sridhar Babu on Tuesday signed a bilateral trade partnership agreement between the US-India Business Council (USIBC) and Telangana in the presence of US Consul General Jennifer Larson.

He urged the USIBC to promote Telangana among American businesses and facilitate increased investments in the state. Highlighting Hyderabad’s thriving IT ecosystem, Sridhar said, “Hyderabad already hosts global giants in the IT, healthcare and life sciences GCC sectors. Our vision is to bring the essence of Silicon Valley to Hyderabad. We are committed to creating a conducive environment for research and development, which is crucial for future growth.”