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USIBC signs tech innovation pact with Telangana
The agreement detailed cooperation in key sectors including IT, Artificial Intelligence (AI), electronics and Global Capability Centers (GCCs).
Telangana Minister for Information Technology (IT), Electronics & Communications (E&C), Industries & Commerce (I&C), and Legislative Affairs, Sridhar Babu, and special chief secretary to the Government of Telangana, Jayesh Ranjan. Jennifer Larson, U.S. Consul General Hyderabad, and USIBC managing director Rahul Sharma were also present. / @USCGHyderabad
In an effort to strengthen bilateral collaboration and partnership in technological innovation a new agreement was signed between the U.S. India Business Council Global Private Limited (USIBC GPL) and the Department of Information Technology, Electronics & Communications (IT E&C), Government of Telangana.
The MOU was signed in the presence of chief guest and Telangana Minister for Information Technology (IT), Electronics & Communications (E&C), Industries & Commerce (I&C), and Legislative Affairs, Sridhar Babu, and special chief secretary to the Government of Telangana, Jayesh Ranjan. Jennifer Larson, U.S. Consul General Hyderabad, and USIBC managing director Rahul Sharma were also present.
The agreement detailed cooperation in key sectors including IT, Artificial Intelligence (AI), electronics and Global Capability Centers (GCCs). The signing was followed by an industry roundtable on AI and GCCs, reinforcing Hyderabad and Telangana’s role as a global technology hub.
Commenting on the significance of the agreement, Sridhar Babu said, “Telangana has emerged as a global leader in innovation, and this MoU marks a new chapter in deepening our partnership with the United States. Our collaboration with USIBC is focused on driving investment, fostering innovation, and generating employment opportunities, paving the way for a future powered by cutting-edge technologies such as AI and GCCs.”
Guest of honour, Consul General Larson remarked, “The United States and India share a vision of leveraging technology to solve global challenges. This MoU is a testament to the strong collaboration between Telangana and U.S. businesses, showcasing how regional partnerships can drive innovation, economic growth, and mutual prosperity.”
Special Chief Secretary Ranjan said, “Hyderabad’s thriving technology ecosystem, supported by a robust talent pool and progressive policies, is a testament to the state’s commitment to innovation. This partnership with USIBC will further position Telangana as a leading destination for global investments in emerging technologies.”
The roundtable underscored Hyderabad’s ecosystem of skilled professionals and its role in U.S.-India collaborations. Speakers discussed AI-driven opportunities across sectors as well as the ways to harness AI technological innovation while being cautious to prevent misuse.
Rahul Sharma, managing director of USIBC, stated, “This MoU represents a pivotal moment in strengthening the technological and economic ties between the United States and Telangana. By leveraging the state’s dynamic ecosystem and the expertise of U.S. industry, we are unlocking new opportunities in AI and GCCs that will define the next phase of global innovation.”
Since its inception in January 2023, USIBC has worked closely with governments and industry in pursuing activities across iCET sectors including AI, semiconductors and electronics, advanced telecommunications, space tech, among other areas.
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