Ramakrishna Rao Likely to Head ‘Invest Telangana’ as State Plans New Investment Agency

The Telangana government is set to establish a dedicated investment promotion agency, Invest Telangana, to attract national and international investments into the state. Sources indicate that the registration process for the agency is nearing completion, and the government is likely to appoint outgoing Chief Secretary Ramakrishna Rao as its Managing Director after his retirement on June 30. The agency is also expected to appoint an Executive Director and five sector-specific directors for key industries, including IT, logistics, pharmaceuticals and electronics.

The proposed agency aims to provide investors with a single-window platform by coordinating approvals, guiding companies through government procedures and introducing an escort officer system to simplify investment processes. The initiative comes as states such as Tamil Nadu, Gujarat, Maharashtra and Andhra Pradesh intensify competition to attract major global investments. Telangana hopes the new agency will strengthen its position as an investment destination and accelerate projects in emerging sectors such as data centres, Global Capability Centres (GCCs), electronics and advanced manufacturing.