The Telangana government has secured a significant investment of over 2 thousand 150 crore rupees in the biotech, technology, and fintech sectors. An official release stated that the investment is expected to promote innovation and growth, further positioning Telangana as a global hub for emerging industries. Telangana Industries and IT Minister D Sridhar Babu said that an MoU was signed with two groups, which will significantly boost Telangana’s biotech, AI, and innovation growth.

As venture capitalists, they aim to promote these industries and help them become global leaders. The minister said this investment reflects trust in the state government, talent, and entrepreneurs’ hard work.

He further said the government invites investors to explore opportunities in tier 2 and tier 3 cities across Telangana, fostering regional innovation and growth.