Minister Sri KT Rama Rao stated that Telangana has consistently been ranked number one in Ease of Doing Business index within India and is the ideal investment destination for medical technology firms. The Industries and Commerce, IT, MAUD and NRI Affairs Minister Sri KT Rama Rao was interacting with industry leaders from Pharma, Medical Technology companies on the sidelines of Medical Technology Conference – AdvaMed 2016 in Minneapolis, Minnesota.
A delegation of Telangana lead by Hon’ble Minister Sri KT Rama Rao, on the final leg of his business trip to the United States of America, is attending the prestigious international conference – AdvaMed 2016 – to promote the State on the global stage and attract investments.
Minister KT Rama Rao spoke at length about Telangana’s widely acclaimed industrial policy – TSiPASS. Calling the Policy the most progressive and industry-friendly in India for it promises time-bound and single-window clearances, self-certifications, the Minister detailed on the unmatched advantages Telangana offers in the fields of Healthcare, Pharma and Medical Technology devices. Hon’ble Minister drew the attention of the industry leaders, about a hundred in number, to the measures Telangana Government is taking to further strengthen the USD 50 bn extant life sciences industry in Hyderabad. Sri Rama Rao mentioned the state-of-the-art Pharma City and Medical Devices Park that the Telangana is setting up near Hyderabad.
The Minister quoted major surveys that gave Hyderabad top rankings under various segments. Hon’ble Minister also stated that Hyderabad boasts of the best healthcare infrastructure in India and is a favourite destination for medical tourism.
