Telangana delegation invites Singapore semiconductor industry to invest in the State

The Telangana delegation led by IT and Industries Mminister D. Sridhar Babu held a Round Table interaction with the Singapore Semiconductor Industry Association (SSIA) and explained the opportunities available in Telangana for the growth of the Semiconductor industry.

The Minister explained the incentives being given and also the immense talent pool available in Telangana during the brainstorming sessions where they participants exchanged views in the opportunities and scope in the State.

Several high-profile Semiconductor industry leaders participated in the meeting. Brian Tan, Chairman, SSIA, and Regional President, Applied Materials, Inc.; Tan Yew Kong, Vice Chairman, SSIA, and Senior VP, GlobalFoundries Singapore; and C. S. Chua, Secretary, SSIA, and President and MD, Infineon Technologies Asia Pacific Pte were among those who were present.

The SSIA shared learnings, best practices, and lessons from Singapore’s meteoric rise and global consolidation in the Semiconductor sector. Minister Sridhar Babu, while expounding on the salient features invited the Singapore industry to invest in the state.

The SSIA responded very keenly and positively to the Telangana invite. A big team is set to visit Hyderabad later this year to explore opportunities on the ground.