Telangana government announces the development of Genome Valley Phase 2 with an investment of ₹2,000 crore. This expansion is expected to attract investments ranging from ₹20,000 crore to ₹30,000 crore over the next five years. Read more.
The Japan International Cooperation Agency (JICA) has inked a loan agreement with Indian govt for providing a Japanese Official Development Assistance loan of JPY 23,697 million (Rs 1,336 crore approx.) to promote Telangana’s startup and innovation ecosystem. The loan is aimed at empowering Telangana govt in addressing job creation and economic development challenges through innovative measures and the augmentation of the state’s startup ecosystem.