Rama Krishna Sangem
This is the uppermost question in the minds of many who followed World Economic Forum (WEF) meetings at Davos in Switzerland for the last one week. Telangana IT Minister KT Rama Rao who tweeted his group photo on January 22 Sunday morning said it all – Thanks to his team effort – for being able to attract around Rs 21,000 crore of investments from different companies at Davos.
The minister who is also the working president of BRS (Bharat Rashtra Samithi) and son of CM KCR has named IT principal secretary Jayesh Ranjan, IAS for leading his group of officials and technocrats for their success at Davos. But, this is not enough to explain their stupendous show of drawing a large number of business investment proposals from all over the globe to Hyderabad and surrounding parts of Telangana.
Breakup of the Rs 21,000 crore investments shows the direction of Telangana’s industrial path. The newest state is able to focus on sunrise areas – future and emerging sectors of industrialization – and pin- point the potential investors or investing companies across the globe. Definitely, Jayesh Ranjan, IAS plays a major roles in this exercise. He is a professional bureaucrat who devotes his 100 per cent attention to industrialization of Telangana.
Besides, KTR has hired a battery of experts and technocrats who specialize in different fields. From bio sciences to IT and software sectors, each of them is a hands on person, with antennas to identify potential investment sources. This worked well with the Team KTR. Most of those who offered to put in more investments in Hyderabad or surroundings already have some presence here. It shows their confidence in KCR government is intact or getting stronger.
Sunrise sectors:
Most of the investments are into sunrise or emerging areas. Rs 16,000 crore are coming into three to six data centers by at least two major MNCs – Microsoft and Google. We all know, data is future gold mine. Rs 2,000 crore is for Airtel’s data cente. Rs 1,000 crore from a bio-sciences firm from France to Genome Valley, Rs 1,000 crore from Pepsi’s food processing units.
Five more proposals for about Rs 660 crore also of significance. WEF’s C4IR (centre for fourth industrial revolution) at Hyderabad is unique and a matter of pride for Telangana. This centre deals wit h biotechnology related sciences. A Rs 100 crore innovation and design centre of Apollo tyres too indicates the advantage of Hyderabad for the big tech firms.
Leadership & Initiative:
KTR and his team’s success at WEF at Davos tells us the value of the right leadership and its initiatives. There are some bigger states with stronger leadership – Gujarat’s Ahmedabad, Maharashtra’s Mumbai, Tamil Nadu;’s Chennai and Karnataka’s Bangalore and even Delhi. But none of them have the proactive drive that matches KTR’s team. Right from attracting an investor to hand holding till the last hour is the key to success of KTR’s team at Davos.
