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Ambassadors of several countries visit Telangana to study investment potential

As part of the initiative to promote the States, the Union Ministry of External Affairs deputed the Indian Ambassadors to Laos, Seychelles, Finland and Peru to visit Telangana on June 27 and 28 to get themselves acquainted with the investment potential in the State.

 In this regard, Ravi Shankar Aisola, Ambassador to Laos, Ausaf Sayeed, Ambassador to Seychelles, Vani Rao, Ambassador to Finland, M. Subbarayudu, Ambassador to Peru, met E.S.L. Narasimhan, Governor of Andhra Pradesh and Telangana, at Raj Bhavan here on Wednesday.

Speaking to the Ambassadors, the Governor said the Telangana State was emerging as the most industry-friendly State in the country. The Governor informed the Ambassadors that Telangana was the first State in the country to pass the “Telangana State Industrial Project Approval and Self- Certification System (TS-iPASS) Act, 2014” for speedy processing of applications and issue of clearances required to set up industries, through a single window system on self-certification by the entrepreneur and creating an investor-friendly environment in the State.

The Governor said that Telangana also ranks high in the Ease of Doing Business (EoDB) ranks in the country. The technology incubation centre, T-Hub, which is an innovative initiative of the Telangana government, has emerged as the largest incubator for start-up companies in the country, said the Governor.

The Governor said Telangana State government was poised on the right development path with the people-centric approach and had given first priority to the round-the-clock power supply, potable drinking water to each household through Mission Bhageeratha, improved healthcare facilities, reforms in the education sector and so on. The Governor also said the Hyderabad Metro was already operational and was going ahead with further expansion.

The Governor appreciated the initiative taken by the External Affairs Ministry to depute the country’s Ambassadors to different states in the country, as a good exercise to orient themselves with the investment potential in the respective States. 

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