Mumbai, October 13, 2017: YES BANK, India’s fifth largest private sector bank, has released a knowledge report titled ‘Make in Telangana: Creating a Sustainable and Globally Competitive Ecosystem’ at the CII Man Exe 2017 event. This is CII Telangana’s flagship conference, in association with the Government of Telangana, and YES BANK is the knowledge partner for the conference.
The report, jointly developed by YES BANK and CII, was unveiled by Chief Guest Jayesh Ranjan (IAS), Principal Secretary, Department of Industries & Commerce, Government of Telangana. R. Ravichander, Regional Director, South, YES BANK, was also present during the launch of the report.
L-R: D Raju, co-Convenor, CII Telangana Manufacturing Panel & Managing Director, Kirby Building Systems Ltd; Satish, Regional Director, CII South; Ramesh Datia, Chairman, CII National Council on Water and Chairman & MD, Elico Limited; Jayesh Ranjan (IAS), Principal Secretary, Dept. of Industries & Commerce Govt. of Telangana; V Ranjanna, Chairman, CII Telangana & Vice President & Regional Head, Global Head – Technology Business Unit, TCS; Vijay Kalra, Executive Director & CEO, Mahindra Vehicle Manufacturers Ltd. & Chief Manufacturing Operations, Automotive Sector, Mahindra & Mahindra Ltd; LN Raju, Convenor, CII Telangana Manufacturing Panel & Vice President, Technology Platform, Signode Asiapac & MEA; and R Ravichander, Regional Director, YES BANK
The Make in Telangana report highlights several path-breaking initiatives championed by the State towards making it the most preferred investment destination. The report also describes the State’s competitive policy framework, strategic infrastructure projects, various initiatives including the Research and Innovation Circle of Hyderabad (RICH), which aims to facilitate a platform for seamless knowledge sharing and industrial guidance on technical subjects. The report also focusses on industry-specific investment opportunities in Automobile and Auto Ancillary, Textiles and Apparel, Logistics, Food Processing and Nutrition Products, and the competitive advantages that the state offers.
Mr Rana Kapoor, Managing Director and Chief Executive Officer, YES BANK, says, “Telangana’s rating as one of the best States in India for Ease of Doing Business, coupled with its focus on manufacturing has resulted in the state scripting an astounding story of all-round growth within just 3 years of its formation. YES BANK is employing its network of state-of-the-art branches across the State to cater to the specific requirements of this region, and is committed to leveraging its capabilities as a Bank to strengthen the financial infrastructure, distribution and inclusion in the state.”
The aim of the Man Exe Conference is to promote the State as a quality manufacturing destination and the State’s resourceful ecosystem that enables globally competitive manufacturing by showcasing existing marque investments, infrastructure and proposed developmental initiatives for strengthening the existing manufacturing sectors of the state.
The report is available for download at: https://www.yesbank.in/pdf/make_in_telangana.pdf
About YES BANK
YES BANK, India’s fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 29 states and 7 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
For more information, please visit the Bank’s website at http://www.yesbank.in/