CM A Revanth Reddy-led Telangana Rising delegation reached Tokyo on Wednesday for a week-long journey to draw investments. He was obtained by Indian Ambassador to Japan Shibu George.
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The Hindu
Marubeni Company has expressed its curiosity in establishing a state-of-the-art, next-generation industrial park within the Future Metropolis being developed in Telangana. A Letter of Intent (LoI) was signed and exchanged between Marubeni and the State authorities in Tokyo on the primary day of the official go to of the Telangana Rising delegation, led by the Chief Minister A Revanth Reddy, to Japan.
Marubeni additionally submitted a proposal outlining the institution of the park. Following the discussions between the State delegation and Marubeni’s high administration, the Japanese company home has proposed an preliminary funding of ₹1,000 crore to develop the economic park in phases throughout 600 acres in Future Metropolis.
The park will probably be devoted to Japanese and different multi-national firms for establishing their manufacturing services in Hyderabad and is predicted to draw investments exceeding ₹5,000 crore.
Sectors of curiosity
The Marubeni Industrial Park will deal with sectors like electronics, inexperienced pharma, precision engineering, aerospace, and defence – areas that align carefully with Telangana’s imaginative and prescient of attracting overseas investments in superior manufacturing and producing expert employment alternatives, the assertion stated.
Reddy stated, “The Marubeni Industrial Park will probably be among the many first of its variety to be developed within the proposed ‘Future Metropolis’. It’s anticipated to create 30,000 direct and oblique jobs.”
The delegation additionally visited the headquarters of Sony Company on Thursday. Officers of the Sony Company showcased a number of new initiatives and detailed their workings, together with new merchandise. The delegation additionally held discussions on the animation subsidiary of the corporate, Crunchyroll. It defined the strengths of Hyderabad within the animation, VfX and Gaming sectors.
Reddy outlined his imaginative and prescient on the establishing of a contemporary movie metropolis, which might have the potential of end-to-end manufacturing.
Revealed on April 17, 2025
