Telangana minister KTR invited to World Economic Forum meet

More than 2,500 business leaders, economists and politicians from around the world will attend the meeting in Davos.

news Development

Telangana's Commerce Minister KT Rama Rao has received an invitation to the World Economic Forum (WEF) annual meeting in Switzerland next month -- an invite generally restricted to Union Ministers or Chief Ministers.

The announcement was made by an official statement that was issued on Wednesday.

The Information Technology, Industries and Commerce Minister has been invited to the prestigious meet in recognition of his active role in making Telangana the number one state in the ease of doing business ranking, said the statement from the Minister's office.

More than 2,500 business leaders, economists and politicians from around the world will attend the meeting scheduled to be held in Davos.

The forum, while extending the special invite, took into consideration the key role played by the minister in organising Global Entrepreneurship Summit in Hyderabad last month and his efforts over last three years in attracting investment to the state.

Rama Rao, the son of Chief Minister K. Chandrasekhar Rao, will meet business leaders and CEOs of leading companies during the four-day meet starting from January 23.

KTR, as the minister is popularly known, said he would highlight the policies of the state government, especially the industrial policy and the enormous investment opportunities in the state.

Andhra Pradesh Chief Minister N Chandrababu Naidu is among those who have attended the summit.

Earlier this month, in a move of bipartisanship, KTR praised Naidu and said that the TDP chief had played a key role in attracting investments to Hyderabad.

"I can't take undue credit for Microsoft being here (in Hyderabad). In fact, all credit goes to Chandrababu Naidu garu. He definitely has done his best. In fact, when Hyderabad was not as well-known as it is today in Information Technology space, he went out all the way to Bill Gates, convinced him and eventually the development centre (of Microsoft) happened about 17 years ago. So, all credit to him (Naidu) for that," KTR was quoted as saying.

The Minister was addressing techies while speaking at a Tech Mahindra’s programme at Hitex in Hyderabad's Madhapur area.

IANS inputs