KT Rama Rao (KTR) is pitching Telangana and its capital Hyderabad as the destination for investments in India in the areas of IT, Life Sciences and Pharma industry. The Telangana government is one of the very few present from the states of India at the annual meeting of World Economic Forum in Davos, Switzerland. At the annual meeting in Davos 2020 from January 21-24, there is a pavilion showcasing the opportunities for investments and collaborations. KTR is the working President of TRS and Minister for Municipal Administration & Urban Development, Industry & Commerce, Information Technology, Government of Telangana, India.
KTR is talking about USPs of T-Hub, what next for Telangana on the innovation front and infrastructure that is being put in place to promote innovation in Telangana with the visitors at the Telangana Pavilion.
“Telangana came into being just a few years ago. But the state government is proactive whether it is industrial policy or policy towards business or agriculture, it is a fantastic place to be,” said Baba Kalyani, Chairman & MD Bharat Forge Ltd in Davos.
KTR also met Sundar Pichai and invited him ‘to break ground for the 2nd largest Google campus in the world’ located in Hyderabad. Pichai Sundararajan (1972) popularly known as Sundar Pichai is an Indian American business executive, and the chief executive officer (CEO) of Alphabet Inc. and its subsidiary Google LLC. Pichai joined Google as a management executive in 2004.
Telangana the 29th state of India is home to the top five global companies that include Amazon, Microsoft, Google, Facebook and Apple.
World Economic Forum Annual Meeting at Davos-Klosters in Switzerland, 21-24 January 2020, theme is ‘Stakeholders for a Cohesive and Sustainable World’. The annual meeting is the foremost creative force for engaging the world’s top leaders in collaborative activities to shape the global, regional and industry agendas at the beginning of each year. The meeting brings 3,000 participants from around the world, and aims to give concrete meaning to ‘stakeholder capitalism’, assist governments and international institutions in tracking progress towards the Paris Agreement and the Sustainable Development Goals, and facilitate discussions on technology and trade governance.
“People are revolting against the economic ‘elites’ they believe have betrayed them, and our efforts to keep global warming to 1.5⁰C are falling dangerously short,” said Professor Klaus Schwab, founder and executive chairman at the World Economic Forum.
The forum’s first meeting took place in 1971 with the aim that business should serve all stakeholders (customers, employees, communities, shareholders). The aim was reaffirmed in Davos Manifesto 1973.
The participants address the most pressing issues on the global agenda with participants featuring interdisciplinary, informal and direct interaction among peers – academics, politicians, business, civil society leaders to engage in addressing the most pressing issues.
2020’s themes are Healthy Futures, How to Save the Planet, Tech for Good, Beyond Geopolitics, Society & Future of Work, Fairer Economics, Better Business,