US-based StemCures will establish a manufacturing lab in Telangana with a focus on stem cell therapy to create the largest stem cell manufacturing plant in India. The facility will be set up with the investment potential of around $ 54 million.

Foundation stone for the expansion of Orient Cement Company at Devapur village in Kasipetmandal was laid by Telangana IT minister KT Rama Rao. KTR inaugurated the expansion of the cement plant at Devapur Village which would provide direct and indirect employment to 4000 local people.

Electronics major Foxconn will set up a manufacturing facility in Telangana with employment generation potential for over one lakh people. Hon Hai Technology Group (Foxconn) and the Government of Telangana signed an agreement at the Pragati Bhavan

Home Textiles major Welspun Group completed a Rs 2,000 crore investment in Telangana with the launch of an advanced textile facility in Chandanvelly. It also committed another Rs 3,000 to Rs 5,000 crore investment in the state over the next five years.

Telangana will spend Rs 900 crore towards providing connectivity with bitumen roads to tribal habitations with poor road infrastructure.

The Telangana government said tech giant Microsoft will be investing Rs 16,000 crore for setting up three more data centres, taking the total proposed centres to six. The IT firm had already announced its first captive data centre investment of three campuses early in 2022 with an investment of Rs 16,000 crore.

A day after IT giant Microsoft announced setting up three more data centres in Telangana in addition to its proposed three for the next decade, for an overall investment of Rs 31,000 crore, e-commerce giant Amazon’s cloud computing services arm Amazon Web Services announced an enhanced investment of Rs 36,300 crore to set up its state-of-the-art data centres in Hyderabad.

A team from Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) and Taipei Economic and Cultural Centre (TECC) met K T Rama Rao, Telangana Minister for IT and Industries, and discussed a wide range of topics ranging from trade and economic cooperation to cultural exchange programmes.

The Centre has proposed two airstrips in Telangana in the next round of the regional connectivity program. The centre wants to connect 54 wildlife, religious, and tourist destinations under the next round UDAN scheme and would invite bids by the end of 2022.