Telangana delegation signed a Letter of Intent with ISE Foods
Telangana | Written by : Suryaa Desk
Hyderabad: The Telangana business delegation to Japan led by IT and Industries Minister K Tarakarama Rao met with industrial heads and front leaders of Multi-National Companies in Tokyo.
On day three of their visit, the Telangana delegation signed a Memoranda of Understanding (MoU) with Clean Authority of Tokyo on Friday. The delegation also signed a Letter of Intent with ISE Foods Inc. on the same day.
The Government of Telangana and Clean Authority of Tokyo have signed an MoU in the field of Municipal Solid Waste Incineration Facilities. They will exchange information on knowledge in municipal solid waste incineration facilities and make an effort to realize human resource exchanges in view of technical cooperation in the future. Jayesh Ranjan, Principal Secretary, Industries & Commerce (I&C) and Yoshimi SATO, Vice President, Clean Authority of Tokyo signed the MoU respectively in the presence of Minister KT Rama Rao and H.E. Sujan R. Chinoy, Ambassador of India in Japan.
In a separate event, Government of Telangana and ISE Foods Inc. have signed a Letter of Intent in Tokyo. ISE Foods Inc. will set up a pilot project for egg production using advanced technologies. The firm will set up a solar park to support the egg production facility including the development of storage devices. The Japanese company will also focus on the development of local human capacity building on advanced technologies of poultry by designing and conducting training and capacity building programs. Jayesh Ranjan, Principal Secretary of the Industries & Commerce (I&C) and Hikonobu Ise, Chairman, ISE Foods Inc. signed the LoI in the presence of Minister KT Rama Rao and H.E. Sujan R. Chinoy, Ambassador of India in Japan.
Minister KTR met with representatives of Japan External Trade Organization (JETRO). Rama Rao addressed the delegates at “Telangana State: India Investment Promotion Seminar” at JETRO Headquarters in Tokyo. He talked about the investment opportunities in Telangana and highlighted the Telangana government’s progressive industrial policies, TS-iPASS, a single-window clearance initiative for investors.
Later in the day, Minister KTR also held discussions with the representatives of Japan Bank for International Cooperation in Tokyo.