FINANCIAL NEWS

Saudis to invest in the Indian state of Telangana

09 Oct 2014

(MENAFN) Telangana’s Deputy Chief Minister encourages Saudis to in the new Indian state (29th) confirming that their investments are going to grow as he and his party are working on the plank of development, Saudi Gazette reported.

The Minister was speaking at the Global Investment Management group forum, under the supervision of Dr. Syed Ali Mahmoud.

Dr. Syed introduced the deputy CM to the Saudi dignitaries and businessmen as the first Muslim deputy chief minister of an Indian state ever since India got Independence in 1947. He holds the revenue portfolio.

He invited the Saudi businessmen to invest in Telangana, especially in Hyderabad. “Hyderabad is a technology hub and there are lots of investment opportunities in the city and the state, especially in manufacturing and infrastructure sectors and other industries.

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