Revanth Reddy woos Singapore firms for Telangana; semiconductor push on table
Synopsis
Key Takeaways
Telangana Chief Minister A. Revanth Reddy on Wednesday, 16 September 2026, extended a formal invitation to Singapore companies to invest in the state, pledging full government support for prospective investors. The outreach came during a high-level meeting at the Telangana Legislative Assembly in Hyderabad, where a Singaporean delegation conveyed readiness to establish a semiconductor industry in the state.
Who Was in the Room
The Singapore delegation was led by Augustine Lee, Permanent Secretary of the Energy Market Division under Singapore's Ministry of Trade and Industry. Also present were South Asia Senior Director Dr Francis Chong, Consul-General William Chik, and State Government Advisor K Ramakrishna Rao, among other representatives from both sides.
Semiconductor Industry and Key Proposals
According to the Chief Minister's Office (CMO), Singapore representatives expressed clear interest in setting up a semiconductor manufacturing facility in Telangana. Chief Minister Revanth Reddy briefed the delegation on a range of major development projects underway in the state and sought Singapore's financial support for these initiatives. The representatives responded positively to the investment proposals, the CMO noted.
Musi Rejuvenation, Bharat Future City, and the Knowledge Hub Vision
The Chief Minister outlined the key features of the Musi River rejuvenation project, including the first phase covering the stretch from the confluence of the Musi and Eesa rivers up to Gandhi Sarovar. Discussions also touched on the promotion of a 'night economy' along the river corridor. Revanth Reddy highlighted plans to develop 'Bharat Future City' as a net-zero city and the broader transformation of Hyderabad into a Knowledge Hub.
Notably, the Chief Minister informed the delegation about agreements the Telangana government has entered into with globally renowned institutions — including Harvard, Oxford, MIT, and the London School of Business — to establish offshore campuses in Hyderabad. This positions the city as a potential anchor for international academic and research activity in South Asia.
Telangana Global Summit Invitation
The Singapore representatives were formally invited to participate in the 'Telangana Global Summit', scheduled to be held at Bharat Future City in December 2026. The summit is expected to be a key platform for the state to attract large-scale foreign investment across technology, infrastructure, and education sectors.
With semiconductor demand surging globally and India positioning itself as an alternative manufacturing hub, Telangana's engagement with Singapore — a country with deep expertise in chip design and advanced manufacturing ecosystems — could prove strategically significant in the months ahead.