Hyderabad: Singapore’s minister-in-charge of trade relations, S. Iswaran, has praised Telangana Chief Minister K. Chandrashekhar Rao on his effective re-appointment as the Chief Minister. In a celebratory letter, he portrayed Rao’s achievement in the ongoing decisions as a demonstration of his remarkable achievements in his first term in office. “Under your initiative, Telangana has accomplished an outstanding yearly income development rate of 17.17%. Singapore organizations have additionally perceived Telangana’s positive speculation atmosphere,” an announcement from the Chief Minister’s Office on Thursday cited from the letter.
“Amid your residency, DBS (Development Bank of Singapore) assembled its biggest innovation center outside its Singapore home office in Hyderabad and Ascendas-Singapore kept on growing its impression inside the state,” said the announcement. Iswaran was certain that under KCR’s initiative, financial relations among Singapore and Telangana will fortify further and more Singapore organizations will discover chances to take an interest in Telangana’s monetary improvement.