Telangana State Industry Watch: Business News & Updates

Telangana State Industry Watch: Business News & Updates

Business Development

Vatsala Mishra

Vatsala Mishra

5 Jan 2022, 10:31 — 12 min read

Principal Secretary Message

 

Wishing a very happy new year to you all. As you may recall our collaboration with TS GlobalLinker in 2019 brought several benefits to the local MSMEs of Telangana. Now we have launched another important portal in collaboration with TS GlobalLinker to provide commission-free selling services through an online mall called ‘Made in Telangana’. This mall will also focus on selling Telangana specialities like Pochampally sarees, pearls, bidri work, Warangal durries, etc. I request you all to spread the word so that maximum number of MSMEs can register and avail of this unique initiative. 

 

The last quarter also saw investments from global companies such as Integrated Gas Technologies, Ivanti, Plug & Play, VEM Technologies and LiteAuto GmbH. It is encouraging to get confirmation from such global players from France, Germany, US etc. on the attractiveness of Telangana as an investment destination. In Dec, in a landmark event, seven medical devices companies were launched in our Medical Devices Park at Sultanpur. 

 

We distributed the much-awaited Industry Awards 2021 during the CII Man-Exe event in November. The quality of work showcased by many of the participating companies was exemplary and judges had a tough time deciding on the winners. It was also heartening to see the high quality of innovations along with a focus on sustainability measures. I will look forward to the next edition of the awards this year.

 

Made in Telangana mall

 

‘Made in Telangana’ online mall launched

Shri KT Rama Rao inaugurated the Made in Telangana mall at the recently conducted CII Man-Exe event on 8th Nov 2021. The online mall has been initiated to support and encourage entrepreneurs in the state by providing commission-free services to sellers, allowing them to access more customers and grow their businesses through increased outreach.

 

The platform curates the nest products and crafts of the state, including pearls, apparel, home decor, appliances, consulting services and more. The portal will provide buyers the convenience of finding Telangana originated products and sellers in a single place. 

 

Made in Telangana will provide commission-free services to sellers, allowing them to maximise their profits and increase their outreach. Within seven hours of the launch of the platform, 120 SMEs showed interest to sell their products at this mall. GlobalLinker Director Malavika Jaggi said, “The focus will be on Telangana specialities like Pochampally sarees, pearls, bidri work, Warangal durries, etc.”

 

The Mall, hosted by TS GlobalLinker, is currently inviting more sellers to list their products & services and subsequently the mall will open to buyers to purchase their favourite products and services. Companies such as Ancient Living Products, Café de Loco, Green byte, Kritikala, Puratan herbals, Sri Jagdamba pearls and others have already registered as sellers on the portal. The mall is being received very well by MSMEs of the state and is gaining popularity amongst prospective buyers too.

 

 Events & Seminars

 

CII Man-Exe event and Industry Awards 2021

CII in partnership with Govt. of Telangana organized the 17th edition of its flagship Conference, Man’Exe–2021, with the theme “Re-imagining Manufacturing: Technology in driving Manufacturing Resilience and Excellence” on 8 November 2021 in Hyderabad. While addressing the conference, Chief Guest Shri KT Rama Rao, Hon’ble Minister for Industries, IT and MAUD, Govt. of Telangana, said that the MSMEs are growth engines of the economy and need support beyond Atma Nirbhar Bharat. The Govt of Telangana is making several interventions to support MSMEs.

 

Dept. of Industries, Govt of Telangana presented Industry Awards to select Telangana based organizations. Introduced in 2017, the esteemed ‘Industry Awards’ is a state-wide competition that recognizes and rewards exceptional achievements made by Telangana-based businesses. The award applications were hosted by ‘Telangana State-GlobalLinker’, a networking platform with over 3,50,000+ SMEs across the world. Awards were presented in 6 categories of Best Export performance, Best Innovation, Best Sustainability practices, Best Startup, Best CSR Practices, Special Contribution (IT Services) to the winners by chief guest Shri KT Rama Rao.

 

Govt. of Telangana in association with CII and TS GlobalLinker also announced winners of the Telangana State Intellectual Property Awards. Shri. KT Rama Rao released a report jointly prepared by CII and E&Y, focussing on “Future of manufacturing in a post-pandemic world” and launched an online mall ‘Made in Telangana’, developed by TS GlobalLinker. 

 

Make in Telangana 2021

CII Telangana in partnership with Government of Telangana organized the 2nd edition of its flagship program, Make in Telangana-State with Infinite Opportunities – A Conference on Business & Investment Opportunities in Telangana on 26 November 2021 in Hyderabad. A 30-day virtual exhibition also commenced as part of the initiative.

 

While addressing the conference, Mr Krishna Bhaskar, IAS, Director, Commissionerate of Industries, Government of Telangana said that Telangana is consistently in the top rank in EODB rankings, and the state is one of the fastest growing states in the country. T-Fiber is expected to establish a state-of-the-art broadband network to fulfill the dream of ‘Digital Telangana’, which ensures access to internet connectivity to the rural Telangana.

 

Investments & Collaborations


7 Companies launched in Medical Devices Park

In a landmark event, seven medical devices companies began their manufacturing operations with their inauguration by Industries Minister K T Rama Rao in Medical Devices Park at Sultanpur. The companies include Promea Therapeutics, Huwel Life Sciences, Akriti Oculoplasty, Arka Engineers, SVP Techno Engineers, Elvikon and Rees Medilife that have together invested Rs. 265 Crores and will generate 1300 jobs.

 

Plug and Play

One of the world’s largest early-stage investor, accelerator and corporate innovation platform Plug and Play Tech Center set up its rst India Centre in Hyderabad in less than two months of its announcement in Paris on 29th Oct. It has 37 oces worldwide including Silicon Valley in the USA, Stuttgart in Germany, Paris in France, Osaka in Japan, Shanghai in China, Valencia in Spain and Amsterdam in Netherlands. Building the ecosystem for Mobility, IoT, Energy and Infrastructure would be the focus initially in Hyderabad. 

 

LiteAuto GmbH

Liteauto GmbH, a Germany-based company signed an MoU with the Govt. of Telangana to invest Rs 1,500 Cr. in the State to set-up a design and manufacturing facility. The state-of-the-art facility to be developed in 100 acres will create more than 9,000 direct jobs and 18,000 indirect jobs. The company specialises in the design and manufacture of light-weight magnesium alloy components for the automotive, e-vehicle and broader global mobility market. The facility will manufacture magnesium products for cars, commercial vehicles and two-wheelers in both ICE and EV segments.

 

RICH -Enabling collaboration

On 7th Dec 2021, the Research and Innovation Circle of Hyderabad (RICH) hosted teams from the Officce of the Principal Scientific Advisor (O/o PSA) and NITI Aayog as part of its engagement with different stakeholders in the research-academia-start up ecosystem of Telangana. Gracing the event were Prof. K. VijayRaghavan, PSA to Govt. of India, Dr Rajiv Kumar, Vice Chairman, NITI Aayog, Shri. Jayesh Ranjan, Principal Secretary I&C and IT Depts, Govt. of Telangana and Dr K. Rajeswara Rao, IAS, Special Secretary, NITI Aayog. The meeting was also attended by heads of participating Research and Academic Institutions such as IICT, NIAB, NIN and CCMB. Members of start-ups/ MSMEs supported through the cluster initiative, officials of Govt. of Telangana, and industry partners were also a part of the event.

 

Some of the initiatives highlighted by the team were the Hyderabad Reagents Consortium for Diagnostics, Emerging Technology Pilots for agriculture development in the region, Acceleration Initiative for Diagnostics (AID) program and Project Tej which is enabling deployment of medical innovations in India. The gathering also discussed some key policies announced by Govt. of India and its related programs in Telangana such as deriving value from wastewater and e-waste commercialisation which are key components of the Waste To Wealth Mission of the Prime Minister's Science, Technology, and Innovation Advisory Council (PMSTIAC). 

 

Entrepreneur Watch

 

Maithri Aquatech is a water company incorporated in the year 2016, dedicated to creating a solution for the issues of water scarcity and contamination. The company’s objective is to aid in creating a future where there is no thirst and exploitation of water resources. In this endeavour, they have developed MEGHDOOT -An Atmospheric Water Generator which is a unique machine that produces potable water using the air as the only source. The company is a part of the ‘Make in India’ initiative. The solution is capable of generating clean water from air, with zero reliance on ground and surface water sources. MEGHDOOT produces clean water by drawing in air into the system, condensing the water vapour present in the air into liquid water, filtering it through a multi-stage filtration process, and dispensing it when needed. The produced water is potable and also meets the World Health Organisation (WHO) and Indian Standards of Drinking Water Quality. This sustainable solution is eco-friendly as it has zero water wastage and zero carbon emissions, can run on renewable energy, and is a predictable and scalable source of water. MEGHDOOT is the only AWG solution to be approved by the Ministry of Jal Shakti, following the approval of the esteemed Mashelkar Committee. 

 

In November 2018 the company inaugurated its first factory, headquarters and R&D centre in Hyderabad. In January 2019 an MoU was signed with BEL for mass production of MEGHDOOT for Defence and Export markets. The company’s flagship product, MEGHDOOT 1000, was inaugurated by Chief of Defence Sta, General Bipin Rawat in Feb 2019 followed by the rst Defence installation at INS Kardip in Andaman and Nicobar Islands in July 2019. In Dec 2019 the rst water from air kiosk was installed at Secunderabad Junction Railway Station, followed by installation at Amazon India’s Hyderabad Campus in April 2020. The company signed USD 200 million deal with UK-based MNC, Contec Global in Feb 2021. The vision of the company is to become a global leader in water harvesting solutions and impact lives of 100 million people.

 

Also read: Government Schemes for MSMEs

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Images source: Canva

 

Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views, official policy or position of GlobalLinker.  

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Vatsala Mishra

I look after activities relating to MSME, Retail and Design Sectors in the Industries Department. Currently working on various initiatives for supporting growth of MSMEs such as...

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