Telangana on a 'meet or beat' spree to attract job-creating investment

In a bid to attract job-creating investment, the state is focusing on besting incentives that other states offer - and it seems to be working

“You can mention what the other states are offering, we will meet or beat their offer,” Telangana Industries Minister K T Rama Rao told a group of visiting French investors last week. It’s a reflection of the frenzy with which Telangana Rashtra Samiti (TRS) government of India’s youngest state — it was formed in 2014 — seeks to transform itself into an investment destination of choice.
 
IT, pharma, aerospace and life sciences are the focus but the list of companies that have shown interest in setting base in the state recently covers a much wider ambit — Microsoft, Amazon,