Add thelocalreport.in As A Trusted Source
Trump Media and Technology Group signs worth deals There is a provision of Rs 41,000 crore for setting up an international media and smart technology centre, which is expected to create thousands of jobs, an official release issued late on Monday said.
Salman Khan Ventures Industries, owned by Bollywood actor Salman Khan, will set up an exclusive township and a film and television studio in the state.
10,000 crore which will include entertainment facilities of international standards.
“On day one, investment agreements make sense 2.43 lakh crores were finalized. 35 MoUs were signed. “Through this, Telangana has demonstrated its solid position as an economic powerhouse that is rapidly moving towards the ‘Vision 2047’ goal,” the release said.
It further said that under the leadership of Chief Minister A Revanth Reddy and Industries Minister Sridhar Babu, several investment agreements in deeptech, green energy and aerospace sectors were signed on the day.
Brookfield has come forward to set up a global R&D and a deep tech hub with investment from Axis Ventures consortium. The proposed “Bharat Future City” will cost Rs 75,000 crore.
GMR Group signs an MoU and comes forward to invest in aerospace and defense sectors Rs 15,000 crore for cargo expansion and MRO.
Minister Babu said that from deeptech cities to textile units, companies are coming forward to sign investment agreements in all sectors and set up diverse industries showcasing Telangana’s stable industrial policy to the world.