Hyderabad, May 3 (Agency) Assuring all possible support to Swedish companies investing in Telangana, Telangana Minister for IT and Industries K T Rama Rao (KTR) on Wednesday urged the companies to invest in the state. A delegation of business representatives and heads of companies, led by Swedish Ambassador to India Jan Thesleff, who called on the Industries Minister at his chamber in the Secretariat here, discussed the investment opportunities available in Telangana. During the meeting, the Minister while explaining to the delegation the industrial policies in the state , urged the representatives of the Swedish companies to invest in the State, especially in the field of technology and manufacturing sectors.
Expressing satisfaction over the discussions and the investment opportunities available in Telangana, the Swedish companies representatives were impressed with the infrastructural development taken place in Hyderabad in a period of eight years, on official release from Industries department said in a release here. Ambassador Jan Thesleff assured Rama Rao that he would make efforts to bring more Swedish companies to Telangana as it had a business-friendly environment, especially Hyderabad. He said his government had set up a special system called Investment Facilitation Mechanism to work with a group of companies coming forward to invest in India. The Ambassador informed that the Swedish Embassy was continuously monitoring the investment opportunities in Telangana.