Hyderabad, 24 April’23: World Trade Center Shamshabad, a premier business hub in Telangana State, India, will be one of the sponsors for the upcoming World Trade Centres Association (WTCA) General Assembly 53rd in Accra, Ghana. The General Assembly is taking place from April 24-28, 2023, and will bring together business leaders, entrepreneurs, policymakers, and investors from across the globe to discuss the latest trends and opportunities in international trade. Through this sponsorship World Trade Center Shamshabad is committed to supporting and empowering micro, small, and medium-sized enterprises (MSMEs) of the state by connecting them with more than 300 WTCs present in nearly 100 countries through the network of the World Trade Centres Association. Sectors like Information Technology, EV, Pharmaceuticals, Food Processing and Aerospace have a lot of potential to grow in the nation, and the idea is to introduce globe to the many opportunities India offers in the state of Telangana.
Representatives of the youngest WTC, Shamshabad Centre look forward to meeting with fellow business leaders across globe sharing ideas and explore collaboration in investment and trade promotions. General Assembly 53rd offers a unique opportunity to showcase the investment opportunities and potential of India, and WTC Shamshabad eyes to promote Telangana as a premier destination for companies looking to invest in the region. Telangana has attracted USD $23 billion worth of investments since 2014, with the highest number of special economic zones in India and the largest land bank (approx. 1.5 lakhs acres) in the country for industrial purposes. The state boasts the highest per capita income in the country and is a major tech hub, home to 10 of the most valued tech companies in the world. It is the second-largest exporter of IT services along with exporting in aerospace and food processing industries. Telangana is poised to grow to a USD $100 bn business generator by 2030, as a pharma and life sciences hub. Despite having a significant worldwide footprint in the region, WTC Shamshabad seeks to support local business owners in expanding their reach internationally.
Mr. Varaprasad Reddy, Chairman, World Trade Center Shamshabad said, “We are thrilled to partner with the WTCA General Assembly and look forward promoting Telangana as a hub for business and investment. We encourage local entrepreneurs to look global, and we are committed to helping MSMEs and startups go global through our range of services, partnerships, and events.”
WTC Shamshabad is actively pursuing participation in the upcoming 54th General Assembly 2024 which to be held in Bangalore, India. The event aims to promote international trade, encourage a more balanced economic structure in various regions, and foster regional and global supply chain connectivity. WTC Shamshabad is excited about the prospects of participating in this prestigious event and contributing to the growth of the global business community, encouraging investments in the state of Telangana.