HYDERABAD: The Telangana delegation, officially named ‘Telangana Rising,’ led by IT and Industries Minister D Sridhar Babu, held a roundtable discussion with the Singapore Semiconductor Industry Association (SSIA) on Saturday.
During the discussion, the SSIA shared insights, best practices, and lessons from Singapore’s remarkable rise and consolidation as a global leader in the semiconductor sector.
Highlighting Telangana’s strengths, Sridhar Babu emphasised the state’s favorable conditions and opportunities for establishing semiconductor industries. He extended an invitation to the Singapore semiconductor industry to make substantial investments in Telangana and outlined the various incentives provided by the state government to global investors.
Meanwhile, the Chief Minister’s Office (CMO) announced that a delegation from the SSIA will visit Hyderabad later this year to explore investment opportunities on-site.
Prominent industry leaders, including Brian Tan, Chairman of SSIA and Regional President of Applied Materials, Inc., participated in the meeting.
Meanwhile, the state government continues to advocate for the Union government’s support to set up a semiconductor manufacturing unit.