Overview
- The minister, speaking Thursday in the Assembly, said only about 30–35% of MoUs typically turn into projects.
- He announced a White Paper on the state’s World Economic Forum trips and the full investment pipeline.
- He detailed 18 MoUs in 2024 proposing Rs 40,232 crore and 26 in 2025 proposing Rs 1,78,950 crore, with an estimated 68,150 jobs.
- Opposition leader T. Harish Rao flagged problems at IT towers in smaller cities, citing firm exits in places like Siddipet, internet outages, delayed bill payments, and four months of unpaid support staff wages.
- Sridhar Babu said many deals stall at financial closure or over loans and partner disputes, and he added that keeping firms in smaller cities will need skills upgrades and any extra rent relief would require a formal policy decision.